US EditionFranklin Templeton Debuts Tokenized Money Market Fund in Hong Kong
The tokenized fund enables around-the-clock settlement and smoother investor operations, strengthening Hong Kong as a digital asset hub, Franklin Templeton said.
- Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong, partnering with HSBC and OSL to test the gBENJI token for around-the-clock settlement.
- Amid efforts to deepen institutional digital assets in Hong Kong, the launch strengthens the city as a growing hub and builds on Franklin Templeton's role in the Hong Kong Monetary Authority's Project Ensemble.
- The Luxembourg-registered fund uses proprietary blockchain recordkeeping to issue and service Franklin OnChain U.S. Government Money Fund shares directly onchain, investing in short-term U.S. government securities.
- Franklin Templeton says the tokenized structure enables faster transactions, better transparency and lower costs, and the firm is expanding tokenized products in Asia while developing a retail version.
- Franklin Templeton has been active in blockchain finance since 2018 and developed its Benji Technology Platform, building on prior tokenized funds to support the new Hong Kong offering.
19 Articles
19 Articles
Franklin Templeton Rolls Out First Tokenized Fund in Hong Kong
Franklin Templeton introduced Hong Kong’s first fully tokenized money market fund for professional investors, integrating blockchain technology across issuance and servicing operations. The Franklin OnChain U.S. Government Money Fund invests in short-term U.S. Treasuries while recording ownership through blockchain tokens registered in Luxembourg, the company announced Wednesday. This story is an excerpt from the Unchained Daily newsletter. T…
Franklin Templeton Launches Hong Kong’s First Tokenized Money Fund, Advancing Institutional Blockchain Adoption – Digital News & Investigative Reports
Article Summary:Franklin Templeton launches Hong Kong’s first tokenized money fund, merging traditional finance with blockchain technology to expand institutional access, enhance liquidity, and strengthen the city’s leadership in global Web3 innovation. Institutional Breakthrough in Blockchain Finance Franklin Templeton has officially introduced Hong Kong’s first tokenized money market fund, marking a transformative milestone in the fusion of tr…
Franklin Templeton Launches Hong Kong’s First Tokenized Fund Under Fintech 2030 Strategy
Franklin Templeton introduced Hong Kong’s first tokenized money-market fund under the HKMA’s Fintech 2030 roadmap. The HKMA plan includes 40 measures integrating AI, tokenization, and a framework for potential CBDC settlement. Partnerships with HSBC and OSL Group test tokenized deposits and near-instant settlement through Project Ensemble. Hong Kong’s financial sector is entering a new stage of digital transformation as Franklin Templeton introd…
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