Franklin Templeton’s OnChain U.S. Government Money Market Fund is now available on Base

Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX) is now available on Coinbase's (COIN) Layer 2 blockchain Base. Base becomes the sixth blockchain on which the fund's shares can be traded. In addition to Base, Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX) is currently available on Arbitrum, Polygon, Avalanche, Aptos, and Stellar. Launched in 2021, FOBXX is the first money market fund to use a public blockchain to record transactions and ownership. Data shows that the fund is the second largest tokenized fund on the market, with a market value of $410 million. (Coindesk)