Franklin Templeton Brings Tokenized U.S. Government Fund to Asia Through HashKey

Franklin Templeton is expanding its tokenized investment business in Asia through a new partnership with Hong Kong-based HashKey Exchange, bringing one of the asset manager’s blockchain-based money market products directly to eligible digital asset investors.

HashKey has added the Franklin OnChain U.S. Government Liquidity Fund, known as grBENJI, to its Earn platform.

The product gives professional investors exposure to a fund that primarily holds U.S. government money market instruments and U.S. dollar cash assets while recording fund ownership through blockchain infrastructure.

The launch adds another institutional product to Asia’s rapidly developing real-world asset market and highlights how traditional asset managers are increasingly using regulated crypto platforms as distribution channels.

Franklin Templeton Expands Its Tokenized Fund Strategy

Franklin Templeton has been one of the most active major asset managers in tokenized funds.

Rather than creating an entirely new crypto-native asset class, the company has focused on placing familiar financial products such as money market funds onto blockchain infrastructure.

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