Franklin Templeton Discusses Tokenized Fund Trading With SEC Crypto Group
Photo: TokenPost
Franklin Templeton met with the Securities and Exchange Commission’s crypto working group on Oct. 9 to discuss how tokenized investment funds could trade on blockchain-based platforms. The talks covered whether investors could directly exchange on-chain fund shares for tokenized U.S. stocks. They also addressed whether liquidity providers could charge service fees and how investment company pricing rules would apply to these transactions. The meeting included tokenized exchange-traded funds and tokenized stocks, as well as trading pairs made up of compliant payment stablecoins or tokenized money-market funds.
Source: TokenPost
