Tokenized US Gov MMFAAAm ratedhigh liquidity

Franklin OnChain US Government Money Fund

FOBXX

Franklin OnChain US Government Money Fund (FOBXX) is a Tokenized US Gov MMF issued by Franklin Templeton. It provides institutional investors with on-chain exposure to us government securities, cash, and repos, combining the safety profile of traditional fixed-income instruments with the settlement efficiency of tokenized assets.

Treasury Overview

SymbolFOBXX
IssuerFranklin Templeton
CategoryTokenized US Gov MMF
UnderlyingUS Government securities, cash, and repos
Credit RatingAAAm
Liquidityhigh
Current APYNot available
Total Value LockedNot available
Data as of2026-05-07

Collateral & Underlying Assets

US Government securities, cash, and repos. Repurchase agreements (repos) collateralized by US government securities provide overnight or short-term liquidity while maintaining near-cash risk profiles. The repo market is one of the largest and most liquid segments of the US fixed-income market.

Risk Analysis

Credit Quality

AAAm is the highest rating assigned to money market funds by major rating agencies such as S&P Global. It indicates exceptional credit quality, superior capacity to maintain a stable NAV, and minimal credit and market risk.

Liquidity Risk

Daily redemption available. Investors can typically exit at NAV within one business day, making this suitable for operational treasury and cash management use cases.

Yield Analysis

Live yield data for FOBXXis not currently available from on-chain data providers. Refer to the issuer's official disclosures for current yield information.

Yields on tokenized treasury products are variable and reflect prevailing short-term interest rates. As rates change, yields will adjust accordingly. Quoted APY is not a guaranteed return.

Duration & Rate Sensitivity

Overnight / less than 1 montheffective duration

Very low — near-zero duration means minimal sensitivity to interest rate movements. NAV is highly stable even in rising-rate environments.

Key Insights

  • SEC-registered money market fund
  • primarily on Stellar (largest share of AUM)
  • also available on Polygon, Aptos, Avalanche, Arbitrum, Ethereum, Solana, and Base on request

Issuer & Provenance

FOBXX is issued and managed by Franklin Templeton. Risk profile and collateral data was last verified on .

Issuer disclosure ↗
Important Notice.The information on this page is provided for informational purposes only and does not constitute investment advice, a solicitation, or an offer to buy or sell any financial instrument. Tokenized treasury products may be subject to regulatory requirements, minimum investment thresholds, and accredited investor restrictions. Yield figures are variable and not guaranteed. Always consult the issuer's official documentation and a qualified financial advisor before making investment decisions.

Compare Other Assets