Franklin Templeton launches first tokenized money market fund in Hong Kong

According to Foresight News, according to The Block, Franklin Templeton launched the first tokenized money market fund in Hong Kong, called Franklin OnChain U.S. Government Money Fund, which is supported by short-term U.S. debt, issues shares through the blockchain and records ownership. This initiative is the first implementation project of the Hong Kong Monetary Authority’s Fintech 2030 plan, which covers AI and tokenized ecological construction.
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