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Franklin Templeton plans to introduce tokenized assets into traditional funds

ON 21 AUGUST, BLOOMBERG REPORTED THAT FRANKLIN TEMPLETON WAS PREPARING TO INTRODUCE MONETIZED ASSETS INTO TRADITIONAL INVESTMENT FUNDS. THE COMPANY INDICATED THAT ITS DIGITAL PRIMARY PRODUCT HAD BEEN APPROVED FOR USE IN TRADITIONAL FUNDS FOR THE FIRST TIME WITH THE APPROVAL OF UNITED STATES REGULATORS. ACCORDING TO A LETTER PUBLISHED BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC) AND INFORMATION DISCLOSED BY CORPORATE EXECUTIVES, FRANKLIN DUNPTON PLANS TO USE ITS MONETIZED MONEY MARKET FUNDS FOR ETFS AND MUTUAL FUNDS, EITHER AS A FUND HOLDER OR AS COLLATERAL. THIS MEANS THAT INVESTORS WHO WOULD OTHERWISE HAVE INVESTED IN TRADITIONAL FUNDS MAY IN THE FUTURE INTEGRATE THEM INTO THEIR PORTFOLIOS WITHOUT ACTIVELY SEEKING MONETIZED ASSETS。

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