Franklin Templeton Expands Blockchain Fund to Aptos

The post Franklin Templeton Expands Blockchain Fund to Aptos appeared first on Coinpedia Fintech News

Franklin Templeton has extended its Nasdaq-listed On-Chain U.S. Government Money Fund (FOBXX) to the Aptos blockchain, following its recent expansion to Avalanche. The asset management giant views this move as a significant advancement toward a decentralized financial future. Aptos, founded by some of the team behind Meta’s Diem project, supports decentralized app development and token launches. FOBXX allows investors to digitally hold shares in U.S. government securities and is already available on multiple blockchains, including Polygon and Arbitrum. This marks Franklin Templeton’s ongoing commitment to blockchain technology since 2019.