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DBS Bank partners with Franklin to launch Singapore's first tokenized retail fund

According to Mars Finance, investment management company Franklin Templeton announced on November 10 that it will collaborate with DBS Bank to launch Singapore's first tokenized money market fund. The fund is named Franklin Onchain U.S. Dollar Short-Term Money Market Fund and has been approved by the Monetary Authority of Singapore (MAS), becoming an accredited program. The fund was developed in partnership with DBS Bank, initially open to wealth clients and accredited investors through DBS Bank, and is expected to be available to retail investors in the first quarter of 2026, with a minimum investment of $20.

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