The SEC's nod opens up a bigger story that may not just be restricted to Franklin’s $2.6 billion tokenized fund.
Franklin Templeton has secured U.S. regulatory clearance that could place its $726 million tokenized money-market fund inside conventional mutual funds and ETFs as early as the fourth quarter. SEC clearance allows Franklin funds to hold BENJI The U.S. Securities and…
Franklin Templeton plans to bring its BENJI tokenized money market fund into traditional funds after receiving SEC staff relief.