Asset Management

Franklin Templeton plans tokenisation push to tap digital wallet investors

The US asset manager wants to bolster the blockchain products it offers to capture a share of the trillion-dollar digital wallet market

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Franklin Templeton launched the world’s first US-registered mutual fund using blockchain technology in 2021 Photo: UCG/Getty Images

Franklin Templeton wants to build on its tokenisation push by making more of its products available to investors via digital wallets.

The $1.6tn US asset manager in 2021 launched the world’s first mutual fund to use the technology that underpins cryptocurrencies to process transactions and record share ownership.

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