Franklin Templeton has been granted permission to launch the first tokenized fund for retail investors in Singapore, with a minimum investment of $20 According to Tech in Asia, Franklin Templeton has obtained approval from the Monetary Authority of Singapore (MAS) to launch the Franklin On Chain USD Short Term Money Market Fund, Singapore's first tokenized fund aimed at retail investors. The fund issues shares through its blockchain integrated registration agent platform, with a minimum investment of $20, aimed at enhancing transparency, security, and efficiency. The fund is supported by Franklin Templeton Investments' Variable Capital Corporation (VCC) structure.