Franklin Templeton brings tokenized USD money market fund to Hong Kong

Franklin Templeton has launched a tokenized USD money market fund in Hong Kong, marking a significant step in the company's venture into digital assets. This move comes as Hong Kong intensifies its efforts to embrace real-world asset tokenization, showcasing the growing intersection of traditional finance and blockchain technology. The introduction of this blockchain-based UCITS fund not only highlights Franklin Templeton's innovative approach but also reflects the broader trend of financial institutions adapting to the evolving landscape of digital finance.