Franklin Templeton Expands Blockchain Offering to Avalanche Network

Franklin Templeton's Blockchain Expansion: Franklin Templeton has launched its blockchain-based Franklin OnChain U.S. Government Money Fund on the Avalanche network, allowing institutional investors to access the fund through digital wallets on the Benji platform.

Avalanche Network Integration: This move enhances the accessibility of the fund and aligns with Avalanche's growing ecosystem, which has seen increased interest due to its fast transaction times and low fees, despite a recent decline in total value locked (TVL) and token price.