# DBS and Franklin Templeton Launch Tokenized Money Market Fund Solutions ∞ Adoption

**Published:** 2025-09-18
**Categories:** Adoption

---

![A futuristic, abstract structure composed of interconnected translucent blue and metallic silver components, featuring glowing internal elements that suggest active data flow. The complex geometric arrangement forms a lattice of conduits against a soft, blurred grey background](https://incrypthos.com/wp-content/uploads/2025/09/Distributed-Ledger-Architecture-Cross-Chain-Interoperability-Framework.jpeg)

![A close-up view highlights a pristine, white and metallic modular mechanism, featuring interlocking components and a central circular interface. The deep blue background provides a stark contrast, emphasizing the intricate details of the polished silver elements and smooth, rounded white casings](https://incrypthos.com/wp-content/uploads/2025/09/modular-blockchain-node-precision-actuator-system-architecture.jpeg)

## Briefing

DBS and Franklin Templeton, in partnership with Ripple, have launched new trading and lending solutions for accredited and institutional investors. This initiative leverages [tokenized money market funds](https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/) and the RLUSD stablecoin on the XRP Ledger, significantly enhancing capital market efficiency and accessibility. The collaboration focuses on tokenizing Franklin Templeton’s sgBENJI fund on the XRP Ledger and exploring its use as collateral for credit from DBS.

![This detailed close-up showcases a highly intricate, futuristic blue and silver mechanical device, featuring a central optical element encircled by complex, angular components. The object's metallic and translucent structures are illuminated by vibrant blue light, highlighting its sophisticated engineering and potential for advanced data processing](https://incrypthos.com/wp-content/uploads/2025/09/Blockchain-Validation-Node-Cryptographic-Consensus-Architecture.jpeg)

## Context

Traditional money market funds and lending facilities often involve multi-day settlement cycles, opaque [collateral management](https://incrypthos.com/adoption/jpmorgan-accepts-crypto-collateral-for-loans-accelerating-rwa-tokenization/), and fragmented liquidity across various financial intermediaries. This creates capital inefficiencies, higher operational costs, and limited 24/7 accessibility for institutional participants within the existing financial infrastructure.

![A close-up view presents a futuristic abstract structure, characterized by a central grid of silver-edged geometric shapes containing a vibrant blue core. Surrounding this, a lighter, organic, web-like translucent material seamlessly integrates, suggesting dynamic interaction and flow across the composition](https://incrypthos.com/wp-content/uploads/2025/09/Blockchain-Architecture-Cryptographic-Primitives-Distributed-Ledger-Nexus.jpeg)

## Analysis

This adoption fundamentally alters the operational mechanics of institutional trading and lending by introducing [tokenized money market](https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/) funds and stablecoins on a public blockchain. It shifts the settlement layer from a T+n model to near-instantaneous, atomic settlement on the XRP Ledger. For enterprises, this means real-time collateral management, enhanced liquidity, and reduced counterparty risk.

Partners like DBS can offer innovative credit solutions by accepting tokenized assets as collateral, creating new revenue streams and optimizing balance sheet usage. The integration strengthens interoperability across [digital asset](https://incrypthos.com/news/digital-asset/) networks, fostering a more connected and efficient global financial ecosystem.

![Close-up view of a metallic, engineered apparatus featuring polished cylindrical and geared components. A dense, luminous blue bubbly substance actively surrounds and integrates with the core of this intricate machinery](https://incrypthos.com/wp-content/uploads/2025/09/Decentralized-Ledger-Mechanism-Processing-Transactional-Liquidity-Dynamics.jpeg)

## Parameters

- **Primary Institutions** ∞ DBS, Franklin Templeton

- **Technology Partner** ∞ Ripple

- **Blockchain Protocol** ∞ [XRP Ledger](https://incrypthos.com/news/xrp-ledger/)

- **Tokenized Asset** ∞ sgBENJI (Franklin Templeton’s [money market](https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/) fund)

- **Digital Currency** ∞ Ripple USD (RLUSD) [stablecoin](https://incrypthos.com/news/stablecoin/)

- **Use Case** ∞ [Institutional trading](https://incrypthos.com/web3/avantis-launches-derivatives-trading-on-base-secures-major-funding/) and lending solutions

- **Strategic Objective** ∞ Enhance [capital efficiency](https://incrypthos.com/news/capital-efficiency/), transparency, and accessibility

![A futuristic cylindrical apparatus, rendered in white, metallic silver, and vibrant blue, features an exposed internal structure of glowing, interconnected translucent blocks. Its outer casing consists of segmented, interlocking panels, while a central metallic axis anchors the intricate digital components](https://incrypthos.com/wp-content/uploads/2025/09/modular-blockchain-architecture-driving-decentralized-network-transaction-validation.jpeg)

## Outlook

This collaboration sets a precedent for broader integration of tokenized real-world assets into mainstream financial products, potentially driving further [institutional](https://incrypthos.com/news/institutional/) adoption of public blockchains for core financial services. Competitors will likely accelerate their own tokenization strategies to match the enhanced efficiency and liquidity offered by these new solutions, fostering a more competitive and digitally integrated financial landscape.

![A striking blue crystalline structure, interspersed with clear, rectangular elements, emerges from a wavy, dark blue body of water under a light blue sky. White, foamy masses cling to the base and upper parts of the formation, suggesting dynamic interaction with the water](https://incrypthos.com/wp-content/uploads/2025/09/immutable-ledger-formation-defi-liquidity-pool-staking-mechanism.jpeg)

## Verdict

**This strategic partnership decisively demonstrates the tangible benefits of integrating tokenized [money market funds](https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/) and stablecoins, establishing a new benchmark for institutional digital asset utility and market efficiency.**

Signal Acquired from ∞ <a href="https://www.dbs.com/newsroom/DBS_and_Franklin_Templeton_to_launch_trading_and_lending_solutions_powered_by_tokenised_money_market_funds_and_Ripples_RLUSD_stablecoin?utm_source=incrypthos.com&utm_medium=referral&utm_campaign=noo-engine.com" target="_blank" rel="nofollow">DBS Newsroom</a>

## Glossary

<a href="https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/" class="glossary-item-box">

## tokenized money market funds 

This initiative leverages distributed ledger technology to optimize financial instrument settlement, reduce operational overhead, and expand investor access to high-value assets. </a><a href="https://incrypthos.com/adoption/jpmorgan-accepts-crypto-collateral-for-loans-accelerating-rwa-tokenization/" class="glossary-item-box">

## collateral management 

This strategic move integrates digital assets into core lending operations, enhancing capital efficiency and expanding the enterprise's financial service offerings. </a><a href="https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/" class="glossary-item-box">

## tokenized money market 

This initiative leverages distributed ledger technology to optimize financial instrument settlement, reduce operational overhead, and expand investor access to high-value assets. </a><a href="https://incrypthos.com/news/digital-asset/" class="glossary-item-box">

## digital asset 

Definition ∞ A digital asset is a digital representation of value that can be owned, transferred, and traded. </a><a href="https://incrypthos.com/news/xrp-ledger/" class="glossary-item-box">

## xrp ledger 

Definition ∞ The XRP Ledger is a decentralized, public blockchain designed for fast and efficient payment settlements. </a><a href="https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/" class="glossary-item-box">

## money market 

This initiative leverages distributed ledger technology to optimize financial instrument settlement, reduce operational overhead, and expand investor access to high-value assets. </a><a href="https://incrypthos.com/news/stablecoin/" class="glossary-item-box">

## stablecoin 

Definition ∞ A stablecoin is a type of cryptocurrency designed to maintain a stable value relative to a specific asset, such as a fiat currency or a commodity. </a><a href="https://incrypthos.com/web3/avantis-launches-derivatives-trading-on-base-secures-major-funding/" class="glossary-item-box">

## institutional trading 

Avantis' debut on Base establishes a high-throughput, secure on-chain derivatives platform, enhancing capital efficiency and expanding trading primitives within the Layer 2 ecosystem. </a><a href="https://incrypthos.com/news/capital-efficiency/" class="glossary-item-box">

## capital efficiency 

Definition ∞ Capital efficiency refers to the optimal utilization of financial resources to generate the greatest possible return. </a><a href="https://incrypthos.com/news/institutional/" class="glossary-item-box">

## institutional 

Definition ∞ 'Institutional' denotes large entities such as pension funds, asset managers, hedge funds, and corporations that engage with cryptocurrencies and blockchain technology. </a><a href="https://incrypthos.com/adoption/financial-institutions-accelerate-tokenization-of-money-market-and-treasury-funds/" class="glossary-item-box">

## money market funds 

This initiative leverages distributed ledger technology to optimize financial instrument settlement, reduce operational overhead, and expand investor access to high-value assets. </a>

**Tags:** [Accessibility](https://incrypthos.com/news/accessibility/), [Digital Securities](https://incrypthos.com/news/digital-securities/), [Money Markets](https://incrypthos.com/news/money-markets/), [Capital](https://incrypthos.com/news/capital/), [Institutional](https://incrypthos.com/news/institutional/), [Stablecoins](https://incrypthos.com/news/stablecoins/)	

## Discover More

- 
### [Avantis Establishes Base as Premier Real-World Asset Derivatives Hub](https://incrypthos.com/web3/avantis-establishes-base-as-premier-real-world-asset-derivatives-hub/)
![Interconnected modular components illustrate a sophisticated decentralized network architecture. White cubic units, functioning as node validators, interface with translucent blue segments revealing intricate internal circuitry representing distributed ledger technology. White conduit-like pathways symbolize secure interoperability protocols facilitating cross-chain communication and robust smart contract execution within a scalable blockchain framework, emphasizing data integrity and network security.](https://incrypthos.com/wp-content/uploads/2025/09/decentralized-network-node-validation-interoperability-protocol-modules.jpeg)

Avantis redefines on-chain derivatives by integrating institutional-grade real-world asset perpetuals on Base, driving significant volume and revenue within the DeFi ecosystem.

- 
### [Stablecoins Drive Global Finance Shift through Widespread Adoption](https://incrypthos.com/insights/stablecoins-drive-global-finance-shift-through-widespread-adoption/)
![A luminous full moon anchors an intricate, futuristic network of metallic and translucent blue modules, evoking advanced blockchain infrastructure. These interconnected structures, characteristic of a distributed ledger technology DLT ecosystem, feature glowing components signifying active data processing and smart contract execution. Ethereal white vapor, symbolizing distributed computing and Web3 cloud infrastructure, permeates the scene. This metaphor encapsulates the ambitious trajectory of digital assets, highlighting mechanisms driving scalable interoperability and on-chain governance within decentralized finance DeFi.](https://incrypthos.com/wp-content/uploads/2025/09/blockchain-node-network-architecture-guiding-decentralized-finance-ecosystem-ascent.jpeg)

Stablecoins are rapidly expanding beyond crypto, becoming essential for everyday transactions and corporate operations worldwide.

- 
### [JPMorgan Settles Tokenized Treasuries on Public Blockchain](https://incrypthos.com/adoption/jpmorgan-settles-tokenized-treasuries-on-public-blockchain/)
![Intricate metallic components, resembling sophisticated mining rig or validator node hardware, are partially enveloped by a vibrant, textured, translucent blue substance. This visual metaphor illustrates advanced liquid cooling systems crucial for maintaining optimal hash rate and transaction processing efficiency within a decentralized network. The robust engineering signifies the foundational computational power supporting blockchain scalability and smart contract execution. The dynamic blue texture represents the fluid flow of digital assets or energy consumption within a consensus mechanism, emphasizing protocol integrity.](https://incrypthos.com/wp-content/uploads/2025/09/blockchain-computational-protocol-liquid-cooling-decentralized-infrastructure-visualized.jpeg)

This initiative establishes a secure, interoperable settlement layer for tokenized assets, enhancing capital efficiency and mitigating counterparty risk for institutional participants.

- 
### [Crypto Market Pauses Awaiting Fed Rate Cut Decision](https://incrypthos.com/markets/crypto-market-pauses-awaiting-fed-rate-cut-decision/)
![A close-up view reveals a sophisticated, frost-laden cooling mechanism, central to mining farm infrastructure. Its metallic hub and translucent blue blades are coated with snow, indicative of extreme thermal management. This cryogenic cooling unit is crucial for optimal ASIC efficiency, preventing thermal throttling in high-performance Proof-of-Work PoW operations. Such advanced hardware ensures hash rate optimization, contributing to sustainable blockchain operations by reducing energy consumption and enhancing hardware longevity for block validation within decentralized networks.](https://incrypthos.com/wp-content/uploads/2025/09/cryogenic-cooling-unit-optimizing-asic-mining-hash-rate-efficiency.jpeg)

The crypto market shows minor dips and increased caution as investors await the Federal Reserve's anticipated interest rate cut this Wednesday.

- 
### [Visa Expands Global Stablecoin Settlement across Multiple Blockchains](https://incrypthos.com/adoption/visa-expands-global-stablecoin-settlement-across-multiple-blockchains/)
![A sophisticated DeFi protocol engine showcases intricate node infrastructure for digital asset management. Transparent DLT components encapsulate a vibrant blue liquidity pool, suggesting dynamic yield farming. A prominent algorithmic stablecoin, resembling a full moon, is central, surrounded by cold storage vapor, indicating secure custody. Metallic mining rig elements and a quantum-resistant processing unit highlight advanced Proof-of-Work capabilities and optimized hash rate.](https://incrypthos.com/wp-content/uploads/2025/09/advanced-defi-protocol-engine-algorithmic-stablecoin-liquidity-management.jpeg)

This strategic expansion of stablecoin settlement capabilities optimizes cross-border payment rails, enhancing liquidity management and reducing operational friction for enterprise partners.

- 
### [Shibarium Bridge Drained via Validator Key Compromise and Flash Loan](https://incrypthos.com/security/shibarium-bridge-drained-via-validator-key-compromise-and-flash-loan/)
![The image displays a high-fidelity rendering of interconnected blue transparent structures flanking a central metallic core, enveloped by a dynamic effervescence. This visual metaphor represents a decentralized architecture where blockchain ledger components facilitate transaction validation. The transparent blue elements suggest protocol layers or smart contract execution within a distributed ledger technology DLT ecosystem. The frothy white substance signifies active cryptographic hashing processes, ensuring data integrity and network security. It evokes the continuous computational effort inherent in maintaining consensus mechanisms across a robust network of nodes.](https://incrypthos.com/wp-content/uploads/2025/09/Decentralized-Architecture-Core-Protocol-Transaction-Validation-Mechanism.jpeg)

A critical vulnerability in validator key management combined with flash loan manipulation enabled a $2.4 million asset drain from the Shibarium bridge, underscoring systemic risks in L2 security models.

- 
### [JP Morgan Settles Tokenized US Treasuries on Public Ethereum](https://incrypthos.com/adoption/jp-morgan-settles-tokenized-us-treasuries-on-public-ethereum/)
![A metallic Ethereum coin, symbolizing a prominent digital asset, rests on a sophisticated integrated circuit, representing underlying computational integrity. This hardware is embedded within a dark circuit board, featuring intricate blue traces that visually evoke a distributed network or blockchain architecture. A complex, interconnected blue chain-like structure, suggestive of on-chain data or decentralized ledger technology, emanates from the processor. This highlights the intricate transaction processing and cryptographic security inherent to the Ethereum protocol, underscoring the foundational Web3 infrastructure supporting smart contracts and validator nodes.](https://incrypthos.com/wp-content/uploads/2025/09/ethereum-protocol-digital-asset-on-decentralized-network-infrastructure.jpeg)

This landmark settlement streamlines the transfer and collateralization of U.S. Treasuries, reducing settlement times from days to seconds and unlocking new market efficiencies.

- 
### [Ethereum Spot ETF Inflows Drive Market Structure Rebalancing and Price Stability](https://incrypthos.com/markets/ethereum-spot-etf-inflows-drive-market-structure-rebalancing-and-price-stability/)
![A dynamic visualization of granular white particles actively processing over a vibrant blue substrate within a transparent, structured conduit. This abstract representation evokes a high-throughput blockchain ledger undergoing transaction validation via a proof-of-stake consensus mechanism. The continuous flow symbolizes data stream aggregation and liquidity provision within a decentralized exchange DEX. The precise mechanical interaction hints at smart contract execution and algorithmic operations optimizing gas fees and ensuring block finality across a distributed ledger technology DLT network.](https://incrypthos.com/wp-content/uploads/2025/09/decentralized-protocol-data-stream-liquidity-pool-aggregation.jpeg)

Consistent Ethereum ETF capital aggregation reconfigures market liquidity dynamics, establishing robust institutional validation and systemic asset stabilization.

- 
### [Novel XRP ETF Launch Reshapes Digital Asset Investment Framework](https://incrypthos.com/markets/novel-xrp-etf-launch-reshapes-digital-asset-investment-framework/)
![A deep, central, circular aperture, brightly illuminated at its distant end, forms the focal point. Surrounding this void are radially arranged, translucent, blue-tinted structures, resembling data blocks or network nodes. These exhibit frosted textures, suggesting a cold storage environment or cryptographic immutability. The composition emphasizes a secure, high-throughput data pipeline, facilitating rapid transaction processing within a decentralized ledger. The blue and white palette reinforces the digital asset nature, reflecting algorithmic stability and a robust consensus mechanism. This visual metaphor depicts a secure shard within a DLT network.](https://incrypthos.com/wp-content/uploads/2025/09/immutability-protocol-core-network-conduit-digital-asset-pathway.jpeg)

The debut of a 1940 Act XRP ETF introduces a new regulatory pathway, optimizing capital efficiency for institutional digital asset exposure.

**Tags:** [Accessibility](https://incrypthos.com/news/accessibility/), [Asset](https://incrypthos.com/news/asset/), [Capital](https://incrypthos.com/news/capital/), [Capital Efficiency](https://incrypthos.com/news/capital-efficiency/), [Cross-Chain Interoperability](https://incrypthos.com/news/cross-chain-interoperability/), [Decentralized Finance](https://incrypthos.com/news/decentralized-finance/), [Digital Asset](https://incrypthos.com/news/digital-asset/), [Digital Securities](https://incrypthos.com/news/digital-securities/), [Efficiency](https://incrypthos.com/news/efficiency/), [Financial](https://incrypthos.com/news/financial/), [Financial Innovation](https://incrypthos.com/news/financial-innovation/), [Funds](https://incrypthos.com/news/funds/), [Institutional](https://incrypthos.com/news/institutional/), [Institutional Lending](https://incrypthos.com/news/institutional-lending/), [Integration](https://incrypthos.com/news/integration/), [Lending](https://incrypthos.com/news/lending/), [Liquidity](https://incrypthos.com/news/liquidity/), [Market](https://incrypthos.com/news/market/), [Money Markets](https://incrypthos.com/news/money-markets/), [Settlement](https://incrypthos.com/news/settlement/), [Stablecoin](https://incrypthos.com/news/stablecoin/), [Stablecoin Integration](https://incrypthos.com/news/stablecoin-integration/), [Stablecoins](https://incrypthos.com/news/stablecoins/), [Tokenized Funds](https://incrypthos.com/news/tokenized-funds/), [Trading](https://incrypthos.com/news/trading/), [XRP](https://incrypthos.com/news/xrp/), [XRP Ledger](https://incrypthos.com/news/xrp-ledger/)

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**Original URL:** https://incrypthos.com/adoption/dbs-and-franklin-templeton-launch-tokenized-money-market-fund-solutions/
