Imagine money that lives on the internet! A big company called Franklin Templeton put some of its money (a fund) onto Solana, a special computer network. This 'tokenized' money is like digital coins representing real-world dollars and can be bought and sold easily.
- This money fund is now on eight different computer networks!
- It's like having a digital bank account on several online platforms.
- It earns interest – a 4.55% annual percentage yield (APY) is like extra money!
Fact | Number |
---|---|
Total money in this fund | $594 million |
Annual interest earned | 4.55% |
Money in the fund on Solana | $21.4 million |
Growth of the whole tokenized money market in 2024 | 415% |