🏛️ First-ever SEC clearance just dropped for an $872B asset manager.

Everyone's reading "tokenized assets" and scrolling past.

But here's what actually caught my eye: Franklin Templeton's blockchain-based money market fund can now be held as collateral *inside* ETFs and mutual funds.

That's not a headline — that's a structural shift.

Tokenized assets are about to sit inside traditional portfolios that never asked for them. And the move could take effect as early as Q4.

If this becomes the template, the next question isn't whether institutions adopt tokenization.

It's how fast.

Watching this one closely.

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