Franklin Templeton Breaks Ground with Singapore’s First Retail Tokenized Fund
Wall Street meets Web3—Franklin Templeton just bulldozed another regulatory barrier. The $1.5 trillion asset manager is launching Singapore’s first tokenized investment fund accessible to retail investors, cutting out the traditional gatekeepers (and their juicy fees).
Why it matters: This isn’t just another institutional crypto play. By targeting Main Street investors, the move pressures Asian regulators to keep pace with asset tokenization—or risk losing capital to friendlier jurisdictions.
The cynical take: Because nothing screams ’democratized finance’ like a legacy fund manager charging 2% management fees… on blockchain. Progress?