- Franklin Templeton launches tokenized money fund in Hong Kong.
- Boosts Hong Kong’s status as a blockchain hub.
- Initiative aligns with HKMA’s Fintech 2030 plan.
Franklin Templeton has launched the Franklin OnChain U.S. Government Money Fund in Hong Kong, marking the region’s first tokenized money market fund backed by short-term US Treasury securities.
This initiative, as part of Hong Kong’s “Fintech 2030” plan, could transform regional digital finance, fostering advancements in instant settlements and institutional blockchain adoption.
Franklin Templeton Expands Blockchain with First Hong Kong Fund
The integration of blockchain technology allows for potential near-instant settlement, contrasting traditional fund structures. The Franklin OnChain U.S. Government Money Fund, backed by short-term US Treasury bonds, offers enhanced efficiency and reduced costs.
Reactions from key figures such as Tariq Ahmad, Head of Asia-Pacific Franklin Templeton, highlighted a commitment to expanding tokenized products in Asia. According to Tariq Ahmad, Head of Asia-Pacific Franklin Templeton, “This launch shows our commitment to expanding tokenized investment products in Asia.” Brian Chen, Head of OSL Wealth Management, lauded Hong Kong as an institutional hub for digital assets, reflecting growing optimism in the sector.
Reactions from key figures such as Tariq Ahmad, Head of Asia-Pacific Franklin Templeton, highlighted a commitment to expanding tokenized products in Asia. According to Tariq Ahmad, Head of Asia-Pacific Franklin Templeton, “This launch shows our commitment to expanding tokenized investment products in Asia.” Brian Chen, Head of OSL Wealth Management, lauded Hong Kong as an institutional hub for digital assets, reflecting growing optimism in the sector.
Future of Tokenization: $19 Trillion Market by 2033
Did you know? The tokenization of real assets is anticipated to rise significantly, with the Ripple and BCG report forecasting a market of $19 trillion by 2033. This shift marks an innovative expansion in financial products globally.
Ethereum (ETH), as of November 6, 2025, priced at $3,403.56 shows market dominance at 11.99%. Its 24-hour trading volume decreased by 49.75%, CoinMarketCap reports. Over 30 days, Ethereum saw a 27.56% price drop with fluctuating weekly performance.
Insights from the Coincu research team suggest that the Franklin Templeton initiative may drive broader institutional adoption of blockchain. This aligns with growing trends of tokenization in finance, potentially impacting regulations and technological advancements globally.
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Source: https://coincu.com/blockchain/franklin-templeton-tokenized-fund-hong-kong-2/
