Franklin OnChain US Government Money Fund (FOBXX) fund
Overview
The Franklin OnChain U.S. Government Money Fund (FOBXX) is Franklin Templeton's tokenized money market fund, launched in April 2021 as the first US-registered mutual fund to use a public blockchain — initially Stellar — as its official system of record for share ownership. Each fund share is represented by one BENJI token, and the fund invests at least 99.5% of assets in government securities, cash and repurchase agreements. BENJI now runs on eight public blockchains, including Ethereum and Solana, with roughly $840 million in fund net assets reported as of March 2026.
Within the DeFi Intel graph, Franklin OnChain US Government Money Fund (FOBXX) connects to 12 tracked entities, most strongly to Solana, Avalanche, Franklin Templeton.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
deployed_on | Avalanche | 95% |
launched | Franklin Templeton | 95% |
governed_by | Franklin Templeton | 95% |
deployed_on | Stellar | 95% |
represents | BENJI token (Franklin OnChain US Govt Money Fund share) | 95% |
deployed_on | Polygon | 90% |
deployed_on | BNB Chain | 90% |
deployed_on | Arbitrum | 85% |
deployed_on | Base | 85% |
Frequently asked questions
What is the Franklin OnChain US Government Money Fund (FOBXX)?
The Franklin OnChain U.S. Government Money Fund (FOBXX) is Franklin Templeton's tokenized money market fund, launched in April 2021 as the first US-registered mutual fund to use a public blockchain as its official system of record for share ownership.
What blockchain was FOBXX initially launched on?
FOBXX was initially launched on the Stellar blockchain.
How many blockchains does BENJI currently run on?
BENJI now runs on eight public blockchains, including Ethereum, Solana, Stellar, Avalanche, Polygon, BNB Chain, and Aptos.