Franklin Templeton to Use Tokenized Assets Inside Traditional Funds
Franklin Templeton to Use Tokenized Assets Inside Traditional Funds Franklin Templeton plans to integrate tokenized assets into its traditional funds after winning SEC clearance to use digitally native products inside conventional vehicles, starting with its tokenized money market fund BENJI as a holding or collateral asset in ETFs and mutual funds. The move marks a shift in Franklin's blockchain strategy: from issuing tokenized versions of traditional assets to actually using tokenized assets in day-to-day fund management. BENJI, the Franklin OnChain U.S. Government Money Fund, would serve…
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