Franklin Templeton Launches $435M Fund on Aptos: APT Price Rally?
Franklin Templeton has launched its OnChain U.S. Government Money Market Fund (FOBXX) on the Aptos blockchain, enhancing APT token utility and possibly boosting its price. This fund, managing $435 million, is now accessible directly through the blockchain, bringing traditional finance closer to decentralized finance (DeFi).
The integration could drive APT demand, aligning with its recent 22% price increase. With more financial services using Aptos and expanding partnerships like Stacks, APT’s use cases and value are expected to grow further.
