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The card links to WisdomTree's WTGXX onchain money fund, which yields 4.6% APR.
Franklin Templeton says this is the first tokenized money fund to launch on Coinbases layer-2 network.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
Franklin Templeton, a leading investment manager with over $1.4 trillion in assets, has expanded its tokenized US treasuries fundFranklin OnChain U.S. Government Money Fund (FOBXX)to Aptos, a Layer-1 blockchain powered by the Move programming language. FOBXX is a regulated 1940 act fund that invests at least 99.5% of its total assets in government securities and […]
The post Franklin Templeton adds Aptos to tokenized Treasuries fund appeared first on CryptoSlate.
Franklin Templetons FOBXX is the first money market fund to be launched on Aptos.
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