TechFlow news, February 19 — According to CoinDesk, global asset management giant Franklin Templeton announced the launch of its first fully tokenized U.S. Treasury fund, the Franklin OnChain U.S. Government Money Fund, in Luxembourg.
The fund will be available to institutional investors in eight European countries: Austria, France, Germany, Italy, Liechtenstein, the Netherlands, Spain, and Switzerland. Fund shares will be recorded and transferred via the Stellar network. Since its U.S. launch in 2021, the fund has attracted over $580 million in assets.
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