UAE Tokinvest distributes Franklin Templeton’s on-chain USD money market fund

UAE regulated Tokinvest, tokenizing real-world assets (RWA) has signed a distribution agreement that will make the Franklin OnChain U.S. Dollar Short-Term Money Market Fund, powered by Franklin Templeton’s proprietary Benji® platform, available to eligible investors across the Middle East.

As per the announcement, the fund is managed by Franklin Templeton, a global asset manager with $1.78 trillion in assets under management as of May 31, 2026. Under the arrangement, Tokinvest acts as the distributor and platform operator for the Middle East, providing investor onboarding, order aggregation, execution, and platform access for eligible investors.

Synthesys Network is connecting the regulated distribution of Franklin Templeton’s tokenized fund to Tokinvest’s Middle East footprint, opening an important new route to market for the fund, expanding liquidity demand without the need for rebuilding infrastructure.

By combining Franklin Templeton’s tokenised fund with Synthesys Network’s connectivity infrastructure, Tokinvest can offer eligible investors an institutional-grade cash management product within its broader real-world asset (RWA) marketplace (subject to onboarding, suitability, and jurisdictional controls).

The product is the Franklin OnChain U.S. Dollar Short-Term Money Market Fund, a sub-fund of Franklin Templeton Investments VCC – a Singapore-domiciled variable capital company (VCC) authorised by the Monetary Authority of Singapore (MAS).

The sub-fund invests in a diversified portfolio of high-quality, short-term, U.S. dollar-denominated money market instruments, seeking a high level of current income consistent with the preservation of capital and liquidity (capital is not guaranteed). The fund does not currently distribute income; instead, net income accrues within the fund and is reflected in its net asset value per share.

Each token is a record of ownership of fund shares, not a separate financial instrument, issued and recorded using Franklin Templeton’s proprietary Benji® platform across public blockchain networks, combining a familiar money market fund structure with the efficiency and transparency of distributed ledger technology.

“Being able to distribute Franklin Templeton’s tokenised money market fund is a major credibility milestone for Tokinvest and for the wider RWA market in the Middle East,” said Scott Thiel, CEO and Co-Founder of Tokinvest. “It combines the strength of a globally recognised asset manager with a truly blockchain-native structure, powered by Franklin Templeton’s Benji platform. Iinvestors in our region can now access a regulated, institutional-grade money market fund through modern digital rails, which is exactly the kind of product that will define the next chapter of digital wealth.”

“Tokenised funds only create real value when they can be accessed through trusted, regulated channels without the constraints of fragmentation,” said Darien Poh, CEO of Synthesys. “