Franklin Templeton has expanded its on-chain U.S. government money market fund, known as FOBXX, to the Arbitrum blockchain. This move allows users within the Arbitrum ecosystem to invest in FOBXX directly through the Benji Investments app, offering a bridge between traditional finance and decentralized finance (DeFi). The fund aims to provide liquidity and yield by investing in U.S. government securities, making it an attractive option for DeFi participants looking for safer investment opportunities.