đ Franklin Templeton is taking its tokenized money fund, FOBXX, to new heights by launching it on Base, Coinbaseâs layer-2 network! đ
- This marks the first tokenized fund on Base.
- FOBXX has already made waves on Stellar, Polygon, and Arbitrum.
- The fund boasts $435M in assets and 4.7% annualized returns.
Why is this exciting? It shows regulators are warming up to blockchain for financial recordkeeping. Plus, it opens up more low-risk yield opportunities for investors.
Join the conversation! What do you think about tokenized funds on blockchain? Comment below! đŹ