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
| Symbol | FOBXX |
| Issuer | Franklin Templeton |
| Category | Tokenized US Gov MMF |
| Underlying | US Government securities, cash, and repos |
| Credit Rating | AAAm |
| Liquidity | high |
| Current APY | Not available |
| Total Value Locked | Not available |
| Data as of | 2026-05-07 |
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.
Duration & Rate Sensitivity
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 ↗