Franklin Templeton — FOBXX and the On-Chain Money Market Revolution
Franklin Templeton's FOBXX became the first SEC-registered mutual fund using blockchain for transaction records in 2021, with $700M+ AUM by 2025.
Hamilton Lane — Infrastructure Intelligence for Tokenized Alternatives
Hamilton Lane has raised $150M+ via tokenized fund issuances and estimates that 90% of global wealth currently has zero access to institutional alternatives.
Layer 2 Scaling
Layer 2 scaling solutions extend Ethereum's capacity by processing transactions off the main chain and submitting compressed proofs — reducing fees from $5-50 to cents and enabling the throughput required for institutional-scale tokenized markets.
Polygon (for Institutional Tokenization)
Polygon is an Ethereum Layer 2 scaling solution hosting Franklin Templeton's FOBXX money market fund and multiple institutional tokenization pilots — offering Ethereum compatibility with lower fees and higher throughput.
Franklin Templeton's FOBXX: The First SEC-Registered Fund on a Public Blockchain
Franklin Templeton's BENJI fund (FOBXX) holds $380M+ in US Treasuries on the Stellar and Polygon blockchains. It was the first SEC-registered money market fund to record share ownership on a public blockchain — a regulatory breakthrough that opened the door for BlackRock's BUIDL.