Wall Street giant Franklin Templeton said on Wednesday that its OnChain U.S. Government Money Fund, aka FOBXX, is now available on Solana.

Fund management titan Franklin Templeton has launched its Franklin OnChain US Government Money Fund on the layer-1 Solana blockchain.

Franklin Templeton, a US-based financial services company with $1.6 trillion worth of assets under management, announced on Feb. 12 that it had launched its OnChain US Government Money Fund (FOBXX) on layer-1 blockchain Solana.

Franklin Templeton has stepped up by registering the “Franklin Solana Trust” in Delaware. This could be a hint at possible plans to launch an

The Solana price jumped 1% after Franklin Templeton launched its US Government Fund on Solana as this SOL layer-2 ICO goes parabolic.