Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Singapore’s largest bank, DBS Group Holdings (OTC:DBSDY), asset management firm Franklin Templeton and blockchain company Ripple Labs (CRYPTO: XRP) have teamed up to provide accredited investors trading solutions backed by tokenized money market funds and U.S. dollar-pegged stablecoins. Franklin Templeton’s BENJI Fund Comes To DBS Bank This collaboration will facilitate the listing of Franklin Templeton’s ...

Singapore’s DBS Bank has signed an MOU with Franklin Templeton and Ripple to list tokenized money market fund on DBS Digital Exchange. Announced on Thursday, the partnership will offer accredited and institutional investors with trading and lending solutions. The services will leverage tokenised money market funds on the XRP Ledger blockchain and Ripple’s RLUSD stablecoin. Further, DBS said that it will list Franklin Templeton’s sgBENJI token and RLUSD on its exchange. The listing will “enable clients to ...