Franklin Templeton Launches Singapore’s First Tokenized Retail Fund

The fund will be issued through Franklin Templeton’s proprietary blockchain-integrated transfer agency platform, allowing retail investors to access high-quality money market instruments via tokenized shares. The fund is structured under Franklin Templeton Investments VCC, a Variable Capital Company incorporated in August 2024.

Accessible, Digital, and Dollar-Denominated

With a minimum investment of just US$20, the fund aims to democratize access to short-term USD money market instruments. Its investment strategy closely mirrors that of the $1.76 billion Luxembourg-registered Franklin U.S. Dollar Short-Term Money Market Fund, focusing on high-quality, short-duration USD-denominated securities issued by global governments and corporations.

The fund minimizes currency risk and is managed by Templeton Asset Management Ltd, with Franklin Advisers Inc serving as the sub-manager.

A Leader in Tokenized Finance

Franklin Templeton has been a pioneer in digital asset integration since 2018. The firm is actively participating in Project Guardian, an MAS-led initiative exploring asset tokenization for improved market liquidity and infrastructure efficiency.

This isn’t the firm’s first foray into tokenized funds. In 2021, Franklin Templeton launched the first U.S.-registered mutual fund to leverage a public blockchain for transaction processing and share ownership tracking.

Key Highlights:

Regulator: MAS (Singapore) Fund Type: Tokenized money market fund Minimum Investment: US$20 Structure: Variable Capital Company (VCC) Distribution Platform: Blockchain-integrated transfer agency Management: Templeton Asset Management Ltd (Manager), Franklin Advisers Inc (Sub-manager)

This latest move further cements Franklin Templeton’s leadership in bringing blockchain-based investment solutions to traditional financial markets.

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