By using Franklin Templeton’s proprietary blockchain-recordkeeping system, the fund offers investors enhanced transparency, security, accessibility, speed and cost efficiencies. It aims to provide investors with current income, while preserving capital and maintaining liquidity. It is yield-bearing, generating income through investments in high-quality, short-term US government securities, the firm said in a statement.

The fund represents the first Luxembourg-registered tokenized UCITS money market fund natively issued on blockchain, available to institutional and professional investors in Hong Kong. It also marks the first end-to-end tokenized solution introduced by an asset manager in this market, integrating blockchain-native issuance, distribution, and servicing.

“We are excited to introduce our first tokenized money market fund in Hong Kong for professional investors,” Tariq Ahmad, head of APAC, Franklin Templeton, said. “Looking ahead, we aim to offer a retail-approved tokenized fund, subject to the Securities and Futures Commission (SFC) approval, as part of our broader efforts to democratize access to investment solutions and foster a vibrant digital assets ecosystem in the region."

“Hong Kong is becoming an institutionally trusted hub for digital assets. OSL has been supporting innovative tokenized products since inception. We look forward to bringing Franklin Templeton's flagship tokenized product to Hong Kong's professional investors,” Brian Chen, head of OSL Wealth Management, added. “Our collaboration reflects our shared vision for secure and transparent digital asset solutions for Hong Kong's digital asset generations."

“With growing interest in tokenized financial products, we look forward to collaborating with a wider range of distributors, including traditional institutions and Web3-native platforms, to accelerate the momentum of the tokenization revolution and further shape the future of investing," Sandy Kaul, head of innovation, Franklin Templeton, said.

Franklin Templeton has been active in the digital asset ecosystem since 2018, developing blockchain-based technology solutions, creating a diverse range of investment strategies, and operating node validators. The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-integrated stack, designed to facilitate trading, management, and administration of token-based investments. In 2024 the firm leveraged the Benji Technology Platform to launch the first fully tokenized UCITS fund in Luxembourg, and in 2025 launched the first retail tokenized fund in Singapore.

OSL Group is Asia's stablecoin trading and payment infrastructure which strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies.