Upcoming Connection with Perena's RWA Products【 Soon 】
🧔 Franklin Tokenized Money Market Fund (FOBXX)
The name is so long...
Taiwanese people should have heard of Franklin, right? Haha
They have been advertising for a very long time, at least for over a decade. I’ve been hearing about it since I was young; I would see it on TV all the time.
Franklin Templeton is known in the industry for this FOBXX fund. They actually entered the market in February this year with @Solana Official .
Perena's official website states that this fund will be managed by them.
This part involves the RWA field, and I guess the first to go live will be related to government bonds, after all, this is the most stable and mature.
According to the website preview, there is also room for launching, and the redemption period is three days. Currently, I haven't actually entered yet; this access code is surprisingly still separate, how annoying.
PS: Beta phase, changes may occur at any time.
Additionally, I want to mention that $sUSD for @Solayer is also tokenized U.S. Treasury bonds, just that the cooperating companies are different. However, the redemption period for sUSD is two days.