Franklin Templeton, a leading investment management firm with $1.53 trillion in assets under management, has introduced a new feature that provides investors with real-time yield when holding tokenized assets. The 'Intraday Yield' feature, as announced on Tuesday, allows investors to earn yield based on the duration they hold a tokenized security, even if it is transferred within the same day. This feature enables investors to earn yield on non-trading days, including weekends and holidays. Integrated into Franklin Templeton's tokenization platform Benji, the feature aims to enhance the current method of calculating yield in the crypto industry. By addressing the inefficiencies in traditional finance, such as delayed yield calculation, the company aims to revolutionize the distribution of dividends and interest earnings. Tokenized assets, including debt instruments and equities, have seen significant growth, with a market capitalization of $23.14 billion as of June 9. Other asset managers like BlackRock and VanEck are also embracing tokenized funds, managing over $2.94 billion in tokenized Treasurys. Overall, the introduction of the Intraday Yield feature signifies a step towards more efficient and transparent investment management practices. Read more AI-generated news on: https://app.chaingpt.org/news