PANews reported on October 29 that according to official news, OSL, a licensed digital asset trading platform under OSL Group (863.HK), announced today that it will participate in the Ensemble Sandbox of the Hong Kong Monetary Authority (HKMA) and will conduct a proof of concept for the distribution of tokenized fund products of Franklin Templeton, a global investment management company. The sandbox is a project centered around tokenized asset trading and using experimental tokenized currencies to facilitate interbank settlement.

As a participant in the Ensemble Sandbox, OSL will conduct a proof of concept for distributing Franklin Templeton’s on-chain wealth management products, including money market fund tokens.