
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.

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.

Franklin Templeton’s registered mutual funds and ETFs have received regulatory clearance to invest in the firm’s blockchain-based OnChain U.S. Government Money Fund after the U.S. Securities and Exchange Commission’s investment management division issued a no-action letter covering the custody structure.…

Franklin Templeton received a no-action letter from the SEC enabling its traditional registered funds to invest in its BENJI/FOBXX fund.

The SEC's decision could accelerate blockchain integration in traditional finance, easing institutional access and potentially reshaping fund management.

The relief lets Franklin Templeton’s registered funds hold FOBXX through an affiliated blockchain-integrated system, subject to 12 custody and control conditions.

Franklin Templeton's role as a Super Validator on Canton Network could enhance blockchain adoption in institutional finance, influencing market dynamics.

AI CapEx growth could drive significant earnings and risk appetite, impacting diverse asset classes and potentially boosting crypto markets.

Franklin Templeton's support for the CLARITY Act highlights growing Wall Street interest in regulatory clarity, potentially influencing future crypto policies.

The $1.79 trillion asset manager joins BlackRock, Fidelity and Goldman Sachs in backing the crypto market-structure bill as senators review updated Senate text.
Franklin Templeton's $592,000 inflow ends XRP ETFs' zero streak, SHIB's burn rate rockets 9,241% and Musk's X Money launches without Dogecoin or Bitcoin.

Institutional support for cryptocurrencies is continuing to grow as lawmakers find themselves with less and less time to pass legislation on digital assets. Franklin Templeton, which manages about USD 1.79 trillion in assets, has now added its endorsement to the CLARITY Act, another financial institution supporting the framework of US
Franklin Templeton, the $1.7 trillion asset management giant, has joined BlackRock, Fidelity, and Goldman Sachs in backing the Clarity Act.

Franklin Templeton has joined Blackrock, Fidelity, and Goldman Sachs in supporting the CLARITY Act, strengthening Wall Street’s push for federal crypto rules as senators review updated legislation before a potential floor vote. Franklin Templeton Adds to Wall Street’s CLARITY Act Support Financial giant Franklin Templeton, a subsidiary of Franklin Resources Inc. (NYSE: BEN), announced its […]
Kansas-based wealth manager Leisure Capital Management has disclosed a $206,000 investment in Franklin Templeton's XRP ETF.

Franklin Templeton's Bitcoin DRIP ETFs could broaden crypto exposure, integrating Bitcoin into traditional portfolios and impacting market dynamics.

As financial institutions expand tokenized real-world asset (RWA) offerings, Franklin Templeton’s Chetan Karkhanis examines the market’s evolution, its remaining structural barriers, and what could bring blockchain-based investments into wider portfolio use. Fragmented Standards Restrict Scale Tokenized funds, securities, and cash instruments have moved beyond technical demonstrations, but differences among Layer 1 blockchains, interoperability systems, and […]

The asset manager argues that AI software capable of paying for things autonomously will need blockchain rails to work—and that most investors aren't positioned for it.

Franklin Templeton suggests cryptocurrencies will be key for agentic AI commerce, revolutionizing the way AI agents conduct onchain transactions.

Digital assets head Sandy Kaul argues card rails can't handle $0.001 machine payments, making blockchain tokens the way to capture agentic AI value.

AI agents powered by blockchains are set to transform global micropayments, reducing fees and increasing transaction speed.