Franklin Templeton gets approval from the Monetary Authority of Singapore to launch tokenized funds for retail investors

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According to Fintech News, reported that Franklin Templeton has obtained approval from the Monetary Authority of Singapore to launch the Franklin On-Chain US Dollar Short-Term Money Market Fund, which is the first tokenized fund for retail investors in Singapore. The fund's shares will be issued through Franklin Templeton's blockchain-integrated transfer agent platform, with a minimum investment of $20.

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