This marks another milestone for Luxembourg, a leading global investment fund hub, as it becomes home to the first regulated UCITS fund leveraging a public blockchain via the use of proprietary transfer agent technologies.
Utilising Franklin Templeton’s in-house capabilities and cutting-edge technology in the Grand Duchy, this fund is set to become available to investors across Europe in the coming months, pending further regulatory approvals.
As the first asset manager in Europe to launch such a fund, Franklin Templeton has been a leader in the digital asset ecosystem since 2018. Looking ahead, the American asset manager plans to further harness the power of blockchain and tokenization, enabling peer-to-peer transactions without intermediaries. These technologies enhance security, transparency, and liquidity, while increasing accessibility for investors.