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Franklin Templeton's Best Kept Secret

Franklin Templeton's Best Kept Secret

World's First On-Chain Crypto Money Market: Higher Yields, Lower Costs

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Jimychanga
Sep 17, 2024
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Franklin Templeton's Best Kept Secret
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Let me tell you what has been going on in the world of crypto. Franklin Templeton is one of the largest asset managers in the world, with $1.5 trillion dollars in assets. 

Franklin Templeton launched the world's first on-chain money market fund and has now begun trading that fund on the Ethereum layer 2 network.  It’s called Arbitrum and it's already trading on Stellar and Polygon blockchains. And now, this money market fundj is trading on a third public blockchain. This money market fund is unique because it is the first on-chain, meaning this offers shares of a money market fund trading on a blockchain.  

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