The fund invests in U.S. government securities, including fixed, floating and variable rate bonds as well as repurchase agreements collateralized fully by U.S. Treasuries or cash
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Franklin Templeton extends FOBXX fund to Solana, marking its latest blockchain extension
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FOBXX maintains a stable $1 share price and is the third-largest tokenized money market fund with a $594 million market cap, investing in U.S. government securities and Treasury-collateralized repurchase agreements
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