Alpha Ladder partners with Franklin Templeton to offer the tokenised money market fund to institutional clients.
Alpha Ladder Finance, the Capital Markets Services-licensed affiliate of MetaComp, has announced a distribution partnership with Franklin Templeton.
The former will offer the Franklin OnChain U.S. Dollar Short-Term Money Market Fund to institutional and accredited clients through MetaComp’s Client Asset Management Platform (CAMP).
The fund is a tokenised investment vehicle created on Franklin Templeton’s proprietary Benji platform and allocates at least 90% of its total assets to Government securities, cash, and collateralised repurchase agreements, with annual operating expenses capped at 0.20%.
Shareholder transaction records are maintained on the Stellar public blockchain, with cross-network support spanning eight environments, including Polygon, Ethereum, and Solana.
The distribution framework will allow MetaComp’s base of more than 1,000 accredited and institutional clients to access a regulated tokenised fund alongside existing group-level cross-border payment and treasury capabilities.
Dr. Bo Bai, Executive Chairman and co-founder of Alpha Ladder Group, said: “Alpha Ladder Finance’s ability to distribute this fund through MetaComp’s CAMP platform is a direct expression of what we have been building toward: a group-level platform where payments, treasury, and institutional wealth products operate as one.”
The distribution agreement represents the foundation of a long-term collaboration, with both firms planning to explore hybrid investment solutions as regional institutional demand develops.
Tin Pei Ling, Co-President of MetaComp, added: “Through our platform, the same clients using StableX Network for cross-border payments can now allocate idle USD holdings into a Government-securities-backed, blockchain-recorded money market fund and redeem when their next payment obligation requires it.”
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