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Franklin Templeton’s tokenized money market fund expands to Arbitrum

Franklin Templeton, a $1.5 trillion asset manager, has made its OnChain U.S. Government Money Market Fund (FOBXX) available on Ethereum via layer-2 blockchain Arbitrum.

This is the third blockchain where the fund’s shares can be traded. Previously, the fund was tokenized on Stellar and Polygon, another layer-2 network of Ethereum.

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