Singapore’s First Retail Tokenized Fund Launches via DBS-Franklin Partnership

Franklin Templeton and DBS Bank have made history by introducing Singapore's inaugural tokenized money market fund for retail investors, slashing the minimum investment to just $20. This collaboration, approved by the Monetary Authority of Singapore (MAS), leverages blockchain technology to democratize access to yield-generating assets.

The Onchain U.S. Dollar Short-Term Money Market Fund operates on Franklin's Benji Technology Platform, offering real-time transparency and daily yield accrual. Initially available to DBS wealth clients, the product is slated for broader retail distribution by Q1 2026—a strategic MOVE that could reshape wealth management for digital-native investors.

"This $20 threshold tears down traditional barriers," said DBS's James Tan, highlighting how blockchain efficiency enables micro-investments in institutional-grade products. The initiative signals growing institutional confidence in tokenization's ability to bridge traditional finance and decentralized ecosystems.