$AVAX AVAX Gains Over 14% as Money Market Tokenized Launches on Avalanche

The native utility for all transactions within the Avalanche Blockchain, $AVAX, is up over 14% in the last 24 hours and is currently trading around $26.42

Following the groundbreaking news that global investment giant Franklin Templeton recently launched its Tokenized Money Market Fund BENJI on the Avalanche Network, this strategic move aims to use Avalanche to upgrade legacy systems by tokenizing money market funds on-chain.