SEC Grants Franklin Templeton No-Action Letter for Onchain Cash Management

2026-08-27

The U.S. Securities and Exchange Commission has issued a no-action letter to Franklin Templeton, permitting its traditional registered funds to utilize an onchain system for cash management. This approval allows these funds to invest in the BENJI/FOBXX fund via the new system.

Source: The Block

Reported by VERA Newswire.