The renowned U.S.-based asset management company, Franklin Templeton Investments, is intending to deploy the Stellar blockchain for a brand new government money market fund. As a result, they applied for a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a government money market fund with a focus on blockchain-based shares.
Through this mechanism, the firm is going to be equipped with the U. S. Government Money Fund. According to the details, the fund’s shares would be recorded on the Stellar network. This, however, is subject to the approval from the Securities and Exchange Commission (SEC).
As per the prospectus, the fund would try to maintain $1 share price and invest at least 99.5% of its total assets in Government securities, cash and repurchase agreements collateralized fully by Government securities or cash.
It is going to provide transparency for shareholders, and also notifies that it is associated with their own risks, such as hacking and loss of funds etc.


2025 Market Outlook: Key January Events to Watch
Energy Sector Outlook 2025: AI's Role and Market Dynamics
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
U.S. Black Friday Online Spending Surges to $8.6 Billion, Boosted by Mobile Shoppers
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 



