Loading...
Market
Will Franklin Templeton announce a new tokenized fund by end of 2024?
3
Resolution / Starting Odds
Yes, on Ethereum • 25%
Yes, on Arbitrum • 25%
Yes, on another blockchain • 25%
No new fund announced • 25%
Official announcements from Franklin Templeton
Story
Franklin Templeton Expands $420M FOBXX Fund to Arbitrum, Market Cap Up 27%
Aug 8, 2024, 01:01 PM
Franklin Templeton, a major Wall Street financial institution, has expanded its $420 million tokenized money market fund to Arbitrum, a layer-2 network of Ethereum. The fund, known as the on-chain U.S. Government Money Fund, is now available on the Arbitrum platform and the BENJI platform, marking the third blockchain on which the fund is accessible. This expansion comes amid a significant increase in the market capitalization of Franklin Templeton's FOBXX fund, which has risen nearly 27% this year, reflecting a growing interest in tokenized treasuries.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
BlackRock • 25%
Vanguard • 25%
Fidelity • 25%
Other • 25%
Yes • 50%
No • 50%
JP Morgan • 25%
Goldman Sachs • 25%
Morgan Stanley • 25%
Other • 25%
Yes • 50%
No • 50%
