Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong
Yahoo Finance·2025-11-06 17:10
Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong and said it's also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain U.S. Government Money Fund invests in short-term U.S. government securities, with shares represented as tokens. Franklin Templeton says the structure allows faster transactions, better transparency and lower costs than traditional fund ...