Franklin Templeton Tokenizes $380M US Government Money Fund on Polygon and Stellar
TL;DR Franklin Templeton tokenizes his $380 million fund on the Polygon and Stellar blockchains for peer-to-peer transfers. Franklin OnChain FOBXX investors can transfer the BENJI token directly to each other without intermediaries. Franklin Templeton competes with BlackRock's BUIDL fund in the tokenized asset niche, maintaining a 32% market share.