Tokenized assets will enter traditional funds; Franklin Templeton plans to use them for ETFs and mutual funds

Tin Odaily – Franklin Templeton is preparing to bring tokenized assets into traditional investment funds. The company stated that, following approval from the U.S. Securities and Exchange Commission, its digitally native products will be permitted for use in traditional funds for the first time. According to a publicly disclosed letter from the SEC and information from company executives, Franklin Templeton plans to use its tokenized money market fund for ETFs and mutual funds, both as fund holdings and as collateral.