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HomeCrypto NewsFranklin Templeton Takes Its Tokenized Treasury Fund FOBXX to Coinbase's Base, Becomes...

Franklin Templeton Takes Its Tokenized Treasury Fund FOBXX to Coinbase’s Base, Becomes First Asset Manager on the Layer 2 Blockchain

The layer 2, which went live in 2022, represented a big step in the evolution of Coinbase, opening a new venture for the exchange beyond being a marketplace for crypto. It has since become a fast-growing part of the company’s business, handling 55% more transactions in the third quarter than in the second.

www.coindesk.com

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