DBS, Franklin Templeton, and Ripple Collaborate on Tokenised Money Market Fund Trading

Reported about 5 hours ago

DBS Group has partnered with Franklin Templeton and Ripple to introduce trading and lending services for accredited and institutional investors using tokenised money market funds and Ripple's stablecoin. The collaboration will see the listing of Franklin Templeton's sgBENJI token on the DBS Digital Exchange, enabling eligible investors to swap between the tokens and earn yield, while also exploring the use of sgBENJI as collateral for credit.

Source: YAHOO

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