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Franklin Templeton Secures Singapore Approval for Retail-Focused Tokenized Fund
Franklin Templeton Secures Singapore Approval for Retail-Focused Tokenized Fund
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Franklin Templeton has obtained regulatory clearance from Singapore’s Monetary Authority to launch its first tokenized money market fund accessible to retail investors. The fund, structured with a remarkably low $20 minimum investment threshold, represents a strategic push into blockchain-based financial products.
The Franklin On-Chain U.S. Dollar Short-Term Money Market Fund will leverage the firm’s proprietary blockchain infrastructure for share issuance and management. While the exact launch timeline remains undisclosed, this development signals growing institutional confidence in tokenized traditional finance products within regulated Asian markets.
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