Tokenisation: revolutionising money market funds

Mike Reed, senior vice president, head of digital asset partnership development at Franklin Templeton, joins OMFIF to discuss the tokenisation of money market funds and how this could aid in making assets more accessible, while ensuring secure and transparent transaction and ownership records via public distributed ledger technologies. The shares from Franklin Templeton’s OnChain US government money fund can now be traded on six different blockchain networks, where a portion of reporting requirements has been outsourced to the blockchain networks’ public ledgers.