Franklin Templeton launched the Franklin OnChain US Government Money Fund, a fully tokenized investment fund on Stellar blockchain available to institutional investors across eight European countries. The fund represents a major step forward in applying blockchain technology to traditional asset management.
Franklin Templeton has launched the Franklin OnChain US Government Money Fund, described as the first fully tokenized investment fund domiciled in Luxembourg. Built on the Stellar public blockchain, the fund is available to institutional investors in France, Germany, Austria, Italy, Liechtenstein, Netherlands, Spain, and Switzerland. Operating under Franklin Templeton's new OnChain Funds brand, it uses the firm's blockchain-enabled transfer agency platform. The tokenized fund offers enhanced transparency, security, accuracy, and immediacy compared to traditional funds. This launch demonstrates fund tokenization as a compelling use case for blockchain in the investment industry, offering operational benefits and theoretical accessibility improvements through fractional shares.
