Franklin Templeton’s BENJI Balance on Arbitrum Reaches $56.10 Million

Franklin Templeton’s Franklin OnChain U.S. Government Money Fund (FOBXX) had $56.10 million in measured value on Arbitrum on Oct. 24, ranking second among eight measured tokenized Treasury instruments on the network. The Oct. 16 Arbitrum balance was estimated at about $48.2 million. That estimate applies BENJI’s rounded 7.1% share to $679.12 million in measured outstanding supply across networks, so it is not an exact balance. A separate Oct. 21 snapshot counted 48.07 million BENJI tokens on Arbitrum at a $1.00 net asset value. The snapshots cover different dates and use different data providers, so they do not establish when the balance changed. FOBXX became available on Arbitrum in August 2024. Institutional investors can access the fund on the network through Benji, with a $1,000 minimum initial investment.

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