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Franklin Templeton Plans to Bring Tokenized Assets Into Traditional Funds
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News EditorFranklin Templeton is preparing to bring tokenized assets into traditional investment funds. The company said its digital-native products would be allowed for use in traditional funds for the first time after approval from the U.S. Securities and Exchange Commission. According to a public SEC letter and information disclosed by company executives, the firm plans to use its tokenized money market fund in ETFs and mutual funds. It could be held as a fund asset or used as collateral.
Franklin Templeton is preparing to bring tokenized assets into traditional investment funds.
The company said its digital-native products will be allowed for use in traditional funds for the first time after approval from the U.S. Securities and Exchange Commission.
According to a public SEC letter and information disclosed by company executives, Franklin Templeton plans to use its tokenized money market fund in ETFs and mutual funds. The fund could be held as an asset inside the portfolio or used as collateral.
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