The launch marks Franklin Templeton’s latest step into digital assets, introducing a blockchain-based UCITS fund as Hong Kong accelerates its push toward real-world asset tokenization.
Franklin Templeton has launched a tokenized US dollar money market fund for professional investors in Hong Kong, expanding its crypto offerings in Asia.
According to a statement shared with Cointelegraph on Wednesday, the Franklin OnChain U.S. Government Money Fund is the first end-to-end tokenized structure by an asset manager to integrate issuance, distribution and servicing directly onchain in Hong Kong.
The tokenized fund will be initially available only to institutional and professional investors. It is registered in Luxembourg under a regulated framework that allows investment funds to be sold across the European Union.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments