Franklin Templeton's Best Kept Secret
World's First On-Chain Crypto Money Market: Higher Yields, Lower Costs
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.
What's the big deal about that?
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