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02 October, 2024

Franklin Templeton Leverages Aptos Blockchain for Tokenized Money Market Fund

02 October, 2024

Franklin Templeton Embraces Aptos for Tokenized Money Market Fund

Aptos, the Layer 1 blockchain drawing inspiration from the abandoned Diem (formerly Libra) project spearheaded by Meta, has emerged as a new platform for trading Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX).

This move underscores Franklin Templeton’s commitment to exploring innovative blockchain solutions for their investment products. The integration with Aptos allows for streamlined transactions and enhanced accessibility for investors seeking exposure to a secure and liquid money market fund within the burgeoning blockchain ecosystem.