NYSE:BENCapital Markets
How Franklin Templeton’s Tokenized Money Market Push Could Reshape the Franklin Resources (BEN) Narrative
Franklin Templeton recently updated two Western Asset institutional money market funds, tightening one fund’s focus to short‑maturity U.S. Treasuries and adding a new Digital Institutional Share Class to support tokenized-finance use cases, including stablecoin reserve management and blockchain-enabled distribution.
This move highlights how a large, regulated asset manager is building infrastructure that could plug traditional money market funds directly into on‑chain financial...