The asset manager is considering expanding tokenized securities to the Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
Franklin Templeton is considering bringing tokenized securities to new chains — including Ethereum — and opening access to user-managed wallets, the investment manager’s head of digital assets, Roger Bayston, told Cointelegraph in an interview.
Franklin Templeton launched its flagship tokenized money market fund — Franklin OnChain U.S. Government Money Fund (FOBXX) — in 2021, initially on the Stellar blockchain. Since then, FOBXX has surpassed $400 million in assets under management (AUM), integrated USD Coin (USDC) payments, and expanded to chains such as Polygon.
Related: Franklin Templeton eyes Solana ETF after Ethereum success
