Franklin Templeton tokenizes $380M fund on Polygon and Stellar for P2P transfers

The Franklin OnChain FOBXX investors can now transfer the fund’s BENJI token directly between each other without any intermediary.
Franklin Templeton is competing with BlackRock’s Ethereum-based BUIDL fund in the tokenized assets niche.
Franklin Templeton maintains a 32% market share.In a move that marks a significant advancement in the realm of digital asset management, Franklin Templeton has announced the tokenization of its US Government Fund on the Polygon and Stellar blockchain