The Financial Authority of Singapore (MAS) has authorised Franklin Templeton’s Franklin Onchain U.S. Greenback Quick-Time period Cash Market Fund as an authorised scheme, paving the way in which for the nation’s first tokenized retail fund.

Developed in collaboration with DBS Financial institution, the fund is initially out there to DBS wealth shoppers and accredited traders by way of the financial institution’s relationship managers, with retail entry anticipated within the first quarter of 2026.

Traders can take part with a minimal funding of US$20.

The fund mirrors the technique of the Luxembourg-domiciled FTIF Franklin U.S. Greenback Quick-Time period Cash Market Fund, which has delivered over three many years of efficiency.

It makes use of Franklin Templeton’s proprietary Benji Know-how Platform to document possession on blockchain, enabling real-time transparency, day by day yield accrual, improved liquidity, and safe monitoring of investor holdings.

Franklin Templeton mentioned the initiative builds on its longstanding work in blockchain-enabled finance, following the launch of the world’s first U.S.-registered mutual fund utilizing blockchain in 2021 and a totally tokenised UCITS fund in Luxembourg in 2024.

The agency can be an energetic participant in MAS’s Mission Guardian, a public–non-public initiative advancing tokenisation use instances in capital markets.

The collaboration combines DBS’s digital infrastructure and native attain with Franklin Templeton’s expertise in tokenised property to develop investor entry and help Singapore’s rising digital asset ecosystem.

Tariq Ahmad, Head of APAC, Franklin Templeton mentioned,

“As investor curiosity in tokenised funds and digital property continues to speed up, we’re excited to collaborate with DBS, Singapore’s largest financial institution, to carry this tokenised fund to the retail market.

This collaboration displays our shared dedication to digital innovation and underscores our dedication to empowering traders with safe, clear and cutting-edge funding options.”

James Tan, Group Head of Funding Merchandise & Advisory, DBS Financial institution, mentioned,

“Tokenisation is reshaping the way in which individuals make investments, and we wish to make certain these advantages lengthen past institutional traders.

By availing Singapore’s first tokenised retail fund to our prospects, at a minimal funding sum of simply US$20, we’re making it easier and extra handy for them to begin investing and construct resilience by way of market cycles.”

Featured picture: Edited by Fintech Information Singapore, based mostly on picture by mangpor2004 through Freepik