Franklin Templeton to Launch First Tokenized Retail Fund in Singapore
2025-05-15 09:01:47
According to Tech in Asia, Franklin Templeton has received approval from the Monetary Authority of Singapore (MAS) to launch the "Franklin Online Chain USD Short-Term Money Market Fund". This will be Singapore's first tokenized fund for retail investors, with shares issued through the company's blockchain-integrated transfer agent platform, designed to increase transaction transparency, security, and efficiency. The fund has a minimum investment of only $20, significantly lowering the entry threshold for ordinary investors.
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