Franklin Templeton Plans to Bring Tokenized Assets to Traditional Funds
Summary
- Franklin Templeton is preparing to introduce tokenized assets into traditional investment funds.
- Franklin Templeton plans to use money-market fund (MMF) tokens as assets and collateral for exchange-traded funds (ETFs) and mutual funds.
- Existing investors would be able to add tokenized assets to their portfolios through ETFs or mutual funds without buying them separately.
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Franklin Templeton is preparing to introduce tokenized assets into traditional investment funds, Bloomberg reported on August 20.
The firm plans to use money-market fund, or MMF, tokens as assets and collateral for exchange-traded funds and mutual funds.
That would let existing investors add tokenized assets to their portfolios through ETFs or mutual funds without buying them separately.
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