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.

XLM-0.76%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
8
5
Share

Comment

Add a comment

GateUser-78aae297

· 18h ago

Traditional financial giants are entering the scene; the RWA track is about to change.

View OriginalReply0

QuietAirdropper

· 05-01 02:58

$1.98B has been running on Stellar for five years, and its stability is stronger than many DeFi protocols.

View OriginalReply0

XSEAM

· 04-30 18:25

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!

Reply0

MoonlightTake-ProfitLine

· 04-30 18:24

Stellar quietly focuses on institutional business, ETH/Sol compete for retail investors, each doing their own thing is also pretty good

View OriginalReply0

L2ArbitrageYoungster

· 04-30 18:20

RWA narrative has been shouted for so long, finally a major traditional brand has come forward with real data, not just a concept PPT.

View OriginalReply0

PunkRiskMgr

· 04-30 18:20

The Stellar deployment from five years ago is now bearing fruit; long-term thinking has paid off big time.

View OriginalReply0

OldBlackVelvetKey

· 04-30 18:04

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?

View OriginalReply0

NotYourExitLP

· 04-30 18:04

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.

View OriginalReply0

Trending Topics
View More
#
WCTCTradingKingPK
557.93K Popularity
#
USSeeksStrategicBitcoinReserve
58.77M Popularity
#
BitcoinETFOptionLimitQuadruples
1.03M Popularity
#
#FedHoldsRateButDividesDeepen
43.95K Popularity
#
DeFiLossesTop600MInApril
10.16M Popularity

Sitemap

Franklin Templeton’s FOBXX Hits $1.98 Billion

Trending Topics

WCTCTradingKingPK

USSeeksStrategicBitcoinReserve

BitcoinETFOptionLimitQuadruples

#FedHoldsRateButDividesDeepen

DeFiLossesTop600MInApril

Pin