Franklin Templeton’s FOBXX Hits $1.98 Billion


The tokenized money market fund, launched five years ago on Stellar, has grown to $1.98 Billion in assets — making it the second largest RWA on the Stellar network.
Traditional finance continues to make serious inroads into on-chain assets.
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XSEAM
· 2h ago
Unknowingly, 2026 has already passed a quarter of the way! A special thank you to the users, communities, business partners, and you who have been with us along the way during these days!
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MoonlightTake-ProfitLine
· 2h ago
Stellar quietly focuses on institutional business, ETH/Sol compete for retail investors, each doing their own thing is also pretty good
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L2ArbitrageYoungster
· 2h ago
RWA narrative has been shouted for so long, finally a major traditional brand has come forward with real data, not just a concept PPT.
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PunkRiskMgr
· 2h ago
The Stellar deployment from five years ago is now bearing fruit; long-term thinking has paid off big time.
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OldBlackVelvetKey
· 2h ago
1.98 billion sounds impressive, but in the context of Franklin's total AUM, it's still a drop in the bucket. Can the on-chain speed be increased a bit?
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NotYourExitLP
· 2h ago
FOBXX can become the second-largest RWA, indicating that institutions don't really care if the chain is "hot," only whether it can be compliantly custodized.
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