Franklin Templeton brings tokenized BENJI fund to Avalanche
- —FOBXX (BENJI) is now live on Avalanche, adding another public network to its infrastructure
- —Shares can be funded with USDC and transferred between users on-chain
- —The fund holds about $420 million; Franklin Templeton manages $1.6 trillion in assets
- —The US tokenized money market fund market has reached $1.81 billion
Why it matters: A major asset manager is widening fund tokenization across networks, intensifying competition for institutional capital in RWA.
Source: DiarioBitcoin