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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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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FOBXX, which acts a bit like a stablecoin in that it seeks to maintain a stable $1 share price
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
With a $594 million market cap, FOBXX is the third-largest tokenized money market fund

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