Singapore launches its first tokenized fund for retail investors, setting a global precedent in digital finance.
Franklin Templeton introduces the Franklin OnChain USD Short-Term Money Market Fund with a minimum investment of $20, accessible to all in Singapore.
The fund leverages blockchain technology, providing transparency and access to traditional financial markets for retail participants.
This initiative by Franklin Templeton aims to democratize access to tokenized funds, catering to retail investors and aligning with Singapore's visionary financial architecture.