Franklin Templeton's OnChain U.S. Government Money Market Fund now available on Coinbase's Base blockchain

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Cointime2024/10/31 14:11

By:Cointime

Franklin Templeton has made its OnChain U.S. Government Money Market Fund available on Coinbase's Base blockchain, making it the first asset manager to build on the layer-2 blockchain. The fund, which has a market cap of $410 million, is also available on five other blockchains, with Stellar being the primary network. This move comes as Bitcoin's layer-2 solutions continue to evolve, with Muneeb Ali discussing Stacks' Nakamoto upgrade. Additionally, Bitcoin ETFs have seen record inflows of $870 million as BTC tests all-time highs.

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