Franklin Templeton, a large asset manager with $1.4 trillion under management, has announced that its OnChain U.S. Government Money Fund is now supported on the Polygon network. This move will enable investors to access the Ethereum blockchain, the world's second-largest blockchain after Bitcoin. The fund invests more than 99% of its assets in government securities, cash, and repurchase agreements to provide stable income to investors. The Franklin Templeton mutual fund is the first U.S. registered fund to use a public blockchain to process transactions and record share ownership. Franklin Templeton's move to integrate blockchain technology into its system is aimed at achieving operational efficiencies, including increased security, faster transaction processing, and reduced costs. The fund can be accessed through the Benji Investments app, which Franklin operates. The move by Franklin Templeton follows those of other traditional finance companies that have incorporated blockchain technology into their offerings. (forkast)