SEC Greenlights Franklin Templeton's Onchain Money Fund Investments

SEC Greenlights Franklin Templeton's Onchain Money Fund Investments

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Categories: Regulation Rwa Tradfi

The U.S. Securities and Exchange Commission (SEC) has indicated it will not pursue enforcement action if Franklin Templeton's investment funds begin allocating cash into the asset manager's proprietary tokenized money market fund. This decision marks a notable regulatory advancement, potentially paving the way for broader institutional adoption of onchain financial products, particularly within the Real-World Assets (RWA) sector.

SEC allows Franklin Templeton funds to invest in onchain money fund

The SEC said it will not pursue enforcement action if Franklin Templeton’s funds start investing cash in the asset manager’s own tokenized money market fund.