Franklin Templeton, in collaboration with DBS Bank, has introduced Singapore’s first tokenised retail fund approved by the Monetary Authority of Singapore (MAS).
Named the Franklin Onchain U.S. Dollar Short-Term Money Market Fund, the product will initially be available to DBS wealth clients and accredited investors, with wider retail access planned for the first quarter of 2026.
Using blockchain technology, the fund enables fractional ownership, reducing the minimum investment to just US$20.
The fund operates on Franklin Templeton’s proprietary Benji Technology Platform, which employs blockchain for record-keeping and offers investors real-time fund data, daily yield tracking, enhanced liquidity, and a tamper-proof audit trail.
Structured as a sub-fund under Franklin Templeton Investments VCC, it remains subject to standard prospectus and product highlights sheet (PHS) requirements.
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