According to Odaily Planet Daily, Franklin Templeton's OnChain U.S. government money market fund FOBXX is now available for trading on Ethereum.
The fund has previously launched on blockchains such as Base, Aptos, and Avalanche. Launched in 2021, FOBXX is the first money market fund to use a public blockchain to track transactions and ownership.
Currently, FOBXX has a market cap of $410 million, making it the third-largest tokenized money market fund.
