Franklin Templeton has extended its blockchain-based money market fund to the Avalanche network. 
The Franklin OnChain U.S. Government Money Fund is now accessible through digital wallets on the Benji platform. 
Franklin Templeton, a leading asset management company, has expanded its blockchain offerings by offering its innovative on-chain money market fund on the Avalanche network. This strategic move increases the accessibility of the Franklin OnChain U. S. Government Money Fund (FOBXX), the first U.S. registered mutual fund that uses public blockchain technology to process trades and maintain ownership of shares. 
The Franklin OnChain U. S. Government Money Fund, launched in 2021, is the only U. S. mutual fund that uses the public blockchain to process transactions and record share ownership. This type of investor can get exposure to the Fund through digital wallets on the Benji Investments platform, which is Franklin Templeton’s blockchain-linked record-keeping system. With th

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