Franklin Templeton Invests in Singapore with Launch of First Tokenized Money Market Fund

Franklin Templeton has made a significant move in the financial market by launching Singapore’s first tokenized retail fund. This innovative investment platform utilizes Franklin Templeton’s blockchain-integrated transfer agency to provide accessible, digital access to high-quality short-term USD money market instruments for retail investors. 20 minimum investment of US$20 unlocks the fund, aiming to democratize this traditionally exclusive asset class.