Franklin Templeton says this is the first tokenized money fund to launch on Coinbase’s layer-2 network.
Franklin Templeton is launching its tokenized money fund on Base, Coinbase’s layer-2 network, the asset manager said on Oct. 31.
The Franklin OnChain US Government Money Fund (FOBXX) is the first tokenized fund to launch on Base, Franklin Templeton said in a post on the X platform.
Created in 2021, FOBXX has previously launched on blockchain networks including Stellar, Polygon, and Arbitrum.
