Singapore’s First Tokenized Fund for Retail Investors: A Bold Leap or Chaos in the Making?
In May 2025, Franklin Templeton received approval from the Monetary Authority of Singapore (MAS) to launch the Franklin OnChain U.S. Dollar Short-Term Money Market Fund, the first tokenized money market fund available to retail investors in Singapore. With a minimum investment of just US$20, this fund aims to democratize access ...