Franklin Templeton Launches Tokenized Money-Market Fund in Hong Kong, Eyes Retail Expansion
Global asset supervisor Franklin Templeton has launched Hong Kong’s first Luxembourg-registered tokenized money-market fund. Key Takeaways: Franklin Templeton launched Hong Kong’s first tokenized money-market fund investing in short-term U.S. authorities securities. The fund, initially open to institutional buyers, makes use of blockchain to spice up transparency and transaction effectivity. A retail model is deliberate pending…