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.

Source: TokenPost