# Franklin Templeton investment and regulatory developments > Live situation record from CLSTR: https://clstr.news/situations/franklin-templeton-investment-and-regulatory-developments > Updated: 2026-08-20T12:25:59.000Z. Sources: 6. Developments: 2. Franklin Templeton has expanded its investment offerings through regulatory developments and new fund structures. The U.S. Securities and Exchange Commission (SEC) issued a no-action letter to the firm, permitting its registered funds to invest in the Franklin OnChain U.S. Government Money Fund (FOBXX). This allows fund managers to utilize the tokenized fund as a cash management tool, provided they maintain specific administrative controls and systems to prevent unauthorized instructions. Following this, the firm closed its inaugural Collateralized Fund Obligation (CFO), titled Franklin Templeton Structured Solutions 2026, L.P. The $1.5 billion vehicle aims to provide institutional investors with diversified exposure to private market strategies, including private equity secondaries managed by Lexington Partners and U.S. middle-market direct lending via Benefit Street Partners. ## Timeline ### 2026-08-20: Franklin Templeton closes $1.5 billion inaugural private markets CFO Franklin Templeton has raised $1.5 billion through its first Collateralized Fund Obligation, offering investors diversified access to private equity secondaries and U.S. middle-market direct lending. 4 sources. https://clstr.news/cluster/franklin-templeton-closes-15-billion-inaugural-private-markets-cfo ### 2026-08-13: SEC allows Franklin Templeton to use on-chain money market fund The SEC issued a no-action letter allowing Franklin Templeton funds to invest in its blockchain-based money market fund, easing certain physical-custody regulatory requirements. 2 sources. https://clstr.news/cluster/sec-allows-franklin-templeton-to-use-on-chain-money-market-fund --- Cite as: Franklin Templeton investment and regulatory developments. CLSTR, https://clstr.news/situations/franklin-templeton-investment-and-regulatory-developments