Franklin Templeton & Hashkey Launch U.S. Tokenized Money Market Fund in Asia, Redefining Digital Asset Investing

Expanding the U.S. High‑Liquidity Fund into Asia

Franklin Templeton’s $1.8 trillion global asset‑management footprint teams up with Hong Kong’s Hashkey to introduce the tokenized grBENJI U.S. Government Liquidity Fund in Asia. The move underscores mounting institutional demand for yield‑generating instruments backed by real‑world assets on regulated digital platforms.

Breaking the Tokenized Money‑Market Barrier

■1,500 % growth has pushed tokenized U.S. Treasury and money‑market funds to $15 billion over the past two years.

■grBENJI offers investors a blockchain‑wrapped exposure to U.S. government money‑market products and USD cash assets.

■Hashkey’s Type 1 and Type 7 licenses enable securities trading and automated execution for clients.

Digital Ripples Across the Region

Hong Kong’s largest exchange announced last week it would launch cross‑border stablecoin trades with the UAE and the broader Middle East using its regulated digital dollar, HKDAP, boosting regional liquidity.

Future Vision: Expanding the Tokenized Portfolio

Both firms plan to extend beyond money‑market funds into other tokenized products. Layer‑on‑chain collateral frameworks like Anvil illustrate the potential of programmable letter‑of‑credit structures—no loan, no interest, custody and yield—within the digital‑asset ecosystem.

Cem Talu: This partnership elevates the appeal of tokenized money‑market instruments for institutional investors while aligning blockchain’s transparency and accessibility promises with traditional financial infrastructure. The entry of grBENJI into the Asian market sets a milestone for the rapid expansion of crypto‑based asset classes, offering regional investors quicker, lower‑cost access to U.S. securities.