The launch of the Franklin OnChain U.S. Government Money Fund marks the first Luxembourg-domiciled fund investing in U.S. government securities that's fully tokenized

Franklin Templeton’s Luxembourg-based U.S. Treasury fund is a fully tokenized U.S. Treasury fund designed to provide institutional investors with high current income while preserving capital and maintaining liquidity. It targets a constant Net Asset Value (NAV) of USD 1, a common goal for money market funds seeking to provide stability to investors.