Wire · operational-macro
Franklin Templeton Wins SEC Staff Relief for Its $721M Onchain Fund
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Fusion42 · 23 August 2026 · Fusion42 review
Franklin Templeton received SEC staff relief to include its $721 million blockchain-based US government money market fund inside traditional mutual funds and ETFs, marking a first approval for tokenized assets within conventional funds. The relief exempts certain custody rules under the Investment Company Act of 1940 and imposes twelve conditions focused on oversight, error correction, and independent audits.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You can now bring blockchain-based funds into traditional ETFs with regulatory clearance, creating a regulated pathway to blend digital tokens with conventional finance. This opens a door for fund founders to integrate tokenized assets under established rules and increase mainstream adoption.
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1 source · 23 Aug 2026
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