Odaily Planet Daily reported that Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX) is now available on Coinbase's Layer 2 blockchain Base! 🎉 Base becomes the sixth blockchain where the fund's shares can be traded, the other five being Arbitrum, Polygon, Avalanche, Aptos and Stellar.
Launched in 2021, FOBXX is the first money market fund to use a public blockchain to record transactions and ownership. Data shows that the fund's market value has reached $410 million, making it the second largest tokenized fund on the market. Despite the many challenges facing the blockchain industry, Bitcoin remains strong and worth paying attention to! 🚀