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Franklin Templeton Puts Tokenized Money Fund on HashKey for Asia
Franklin Templeton's $1.8 trillion firm launches its tokenized U.S. government money market fund on HashKey Exchange, targeting professional investors across Asia with SEC-cleared collateral capabilities.
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Franklin Templeton, the $1.8 trillion asset manager, has put its tokenized U.S. government money market fund on the HashKey Exchange, opening the product to professional investors across Asia.
The fund, the Franklin OnChain U.S. Government Liquidity Fund (grBENJI), is now available through HashKey's Earn Channel. It invests in U.S. government money market instruments and dollar cash assets. The offering is restricted to professional investors under Hong Kong rules and is not open to retail buyers there.
Chetan Karkhanis, Franklin Templeton's senior vice president of digital assets client engagement, said the launch targets HashKey's growing base of digital-asset-focused clients and institutional investors.
"We are excited to launch our tokenized money market fund on the HashKey Exchange platform," he said. "Leveraging blockchain technology, the Fund provides investors with enhanced transparency, security, accessibility, speed, and cost efficiency."