TechFlow news, May 15 — According to Tech in Asia, Franklin Templeton has received approval from the Monetary Authority of Singapore (MAS) to launch the "Franklin Onchain U.S. Dollar Short-Term Money Market Fund." This will be Singapore's first tokenized fund targeting retail investors. Fund shares will be issued via the company's blockchain-integrated transfer agency platform, aiming to enhance transaction transparency, security, and efficiency. The minimum investment for the fund is only $20, significantly lowering the entry barrier for individual investors.
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