HashKey Exchange has reached a partnership with Franklin Templeton Investments, or FTI, to distribute a tokenized U.S. government money market fund to investors in Asia, according to Techub News. The item said tokenized Treasury and money market funds have now reached a combined size of $15 billion, representing growth of about 1,500% over the past two years. HashKey Exchange is described in the report as a licensed virtual asset exchange in Hong Kong that provides compliant digital asset services to institutional and professional investors. Franklin Templeton, a global asset manager, has continued to build out its presence in blockchain tokenization in recent years. CoinDesk was cited as the source for the report’s characterization that the partnership reflects how tokenized traditional financial assets are expanding in Asia through regulated distribution channels.
HashKey Exchange has partnered with Franklin Templeton Investments (FTI) to distribute a tokenized U.S. government money market fund to investors in Asia, according to Techub News.
The report said tokenized Treasury and money market funds have reached a total size of $15 billion, up about 1,500% over the past two years.
HashKey Exchange is a licensed virtual asset exchange in Hong Kong and provides compliant digital asset services to institutional and professional investors. Franklin Templeton, a global asset manager, has continued to expand its work in blockchain-based tokenization in recent years.
CoinDesk was cited in the item as saying the partnership shows tokenized traditional financial assets are expanding in the Asian market through regulated channels.
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