Singapore bet on tokenized finance grows with Franklin Templeton fund approval

Asset manager Franklin Templeton has secured approval from the Monetary Authority of Singapore to launch its tokenized Franklin OnChain US Dollar Short-Term Money Market Fund. With the move, it became the first tokenized fund open to all investors in Singapore. According to reports, the fund is similar to the Luxembourg-registered Franklin Templeton money market fund, […] source: https://www.cryptopolitan.com/singapore-franklin-templeton-fund-approval/