Franklin Templeton, one of the world’s leading asset management firms, has launched a tokenized USD money market fund in Hong Kong. This new offering marks a significant step in blending traditional financial products with blockchain technology. Tokenization refers to the process of converting real-world assets, like money market funds, into digital tokens on a blockchain, making them more accessible and efficient to trade.
The fund will be available to institutional clients and will operate under Hong Kong’s robust financial regulations. This development aligns with the city’s ongoing efforts to become a global leader in regulated digital asset innovation.
Boosting Hong Kong’s Digital Asset Ecosystem
Hong Kong has made clear strides toward supporting blockchain and Web3 development. With regulatory clarity and supportive policies, the city is attracting both crypto-native firms and traditional institutions exploring digital asset strategies.
Franklin Templeton’s launch not only validates Hong Kong’s digital asset ambitions but also reflects growing confidence among global financial players in blockchain-based products. By choosing to launch a tokenized USD money market fund in this market, Franklin Templeton sends a strong message about the future of finance: tokenization is here to stay.
NEW: Franklin Templeton launches tokenized USD money market fund in Hong Kong. pic.twitter.com/g6SZzFAgl0
— Cointelegraph (@Cointelegraph) November 6, 2025
Bridging TradFi and Blockchain
The fund will allow investors to experience the benefits of blockchain — such as faster settlement times, increased transparency, and reduced costs — while still investing in a familiar product. It’s a prime example of how traditional finance (TradFi) and decentralized finance (DeFi) can coexist and complement each other.
As more institutional players enter the tokenization space, we can expect continued innovation in how assets are managed, traded, and accessed.