Franklin Templeton has announced that its Franklin OnChain US Government Money Fund (FOBXX) is now live on the Solana network. The fund, which maintains a stable $1 share price, is already available on multiple networks and has reached a market cap of $594 million. Franklin Templeton recently filed for a Solana ETF, indicating potential plans for future offerings. Additionally, prominent figures like Anthony Scaramucci have expressed bullishness towards Solana due to its low fees and fast transaction speeds. The move towards tokenization in the crypto industry is seen as a significant opportunity, with Larry Fink, CEO of BlackRock, supporting the trend.



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