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Asset manager Franklin Templeton has enabled peer-to-peer token transfers for its $380 million tokenized money market fund.

This innovative move allows investors of the Franklin OnChain U.S. Government Money Fund (#FOBXX) to transfer the fund’s BENJI token directly between each other, eliminating the need for any intermediary.

The BENJI token, which is available on both the Stellar $XLM and Polygon $MATIC blockchains, represents shares in the fund that holds government securities, cash, and repurchase agreements.