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The Block (@TheBlockCo): THE BLOCK: Franklin Templeton is preparing to put tokenized assets inside conventional ETFs and mutual funds after receiving what it says is the first…

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THE BLOCK: Franklin Templeton is preparing to put tokenized assets inside conventional ETFs and mutual funds after receiving what it says is the first U.S. regulatory clearance for digitally native products to be used within traditional funds, Bloomberg reports. The firm plans to use its tokenized money-market fund, BENJI, as a holding or collateral — potentially bringing tokenized assets to investors' portfolios without them explicitly seeking crypto exposure.

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