Franklin Templeton to Launch First Tokenized Retail Fund in Singapore

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.