• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Major Signal Flashed!!!

    2025-07-25

    Why Did Bitcoin and Crypto Dump Today?

    2025-07-23

    Wall Street’s Crypto Moves Just Got Exposed

    2025-07-23

    Historic Crypto Approval = New Bitcoin High Soon

    2025-07-22

    Altseason Ignites: Bitcoin Inflows, ETH Flip, and Saylor’s Bold Move

    2025-07-22
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Blockchain»Stellar Network Launches First US Mutual Fund on Public Blockchain
Blockchain

Stellar Network Launches First US Mutual Fund on Public Blockchain

2023-04-25No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Blockchain


In a tweet, Stellar announces that Franklin OnChain U.S. Government Money Fund (FOBXX) is now available on the network through the Benji Investments app. According to a press release, this is the first U.S. registered mutual fund to use a public blockchain to process transactions and register share ownership.

Stellar also announced a major milestone for the first registered US fund in its network to exceed $270 mln in assets under management (AUM). This is an important development as it demonstrates the potential for greater interoperability in the financial system, reflecting the significant integration between blockchain technology and traditional financial institutions.

One share of the fund is represented by one BENJI token. Token holders can access the Fund in digital wallets through the Benji Investments app available on mobile app stores.

Image: Investopedia


See also  Venom Foundation’s Testnet to Go Live Next Week
Blockchain Fund Launches Mutual Network public Stellar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Lightning Network Is About to Explode!

2025-06-02

Pi Network: You Won’t Believe This! Review, History & Potential

2025-05-24

What Is Blockchain? Blockchain Technology Explained for Beginners

2025-05-21

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Blockchain

Space and Time Named Preferred Data Warehouse for Sui Ecosystem, Unleashing ZK-Powered Web3 Games

2023-11-07

Sui, the groundbreaking Layer 1 blockchain and smart contract platform, has forged a strategic partnership…

Regulation

McHenry slams Gensler for misleading Congress about Ethereum’s classification

2024-04-30

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading…

Metaverse

ApeCoin leads in NFT and metaverse market share, but are APE’s hefty staking rewards sustainable?

2023-02-21

In January, ApeCoin (APE) had an underwhelming performance compared to metaverse-based tokens like Decentraland (MANA)…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

2025-07-25

Major Signal Flashed!!!

2025-07-25

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Wall Street’s Crypto Moves Just Got Exposed

2025-07-23
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,529.49
ethereum
Ethereum (ETH) $ 3,744.25
xrp
XRP (XRP) $ 3.14
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 782.06
solana
Solana (SOL) $ 186.00
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237209
staked-ether
Lido Staked Ether (STETH) $ 3,739.12
tron
TRON (TRX) $ 0.317966
bitcoin
Bitcoin (BTC) $ 117,529.49
ethereum
Ethereum (ETH) $ 3,744.25
xrp
XRP (XRP) $ 3.14
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 782.06
solana
Solana (SOL) $ 186.00
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.237209
staked-ether
Lido Staked Ether (STETH) $ 3,739.12
tron
TRON (TRX) $ 0.317966