Franklin Templeton's Tokenized U.S. Treasury Fund Now Available on HashKey Exchange

Franklin Templeton Expands Tokenized Treasury Fund to HashKey

Franklin Templeton, a large investment firm, has made its tokenized U.S. Treasury fund available on the HashKey exchange. This move allows investors in Asia to buy and trade the fund, which is called the Franklin OnChain U.S. Government Money Fund (BENJI).

A tokenized fund turns traditional assets, like government bonds, into digital tokens on a blockchain. This makes it easier to trade and track ownership. The BENJI fund holds U.S. Treasury bonds, which are loans to the U.S. government that pay interest.

What This Means for Investors

• The BENJI fund is now listed on HashKey, a regulated crypto exchange in Hong Kong.
• Investors can buy and sell shares of the fund as digital tokens, which may offer faster and cheaper transactions.
• Franklin Templeton is one of the first major firms to offer a tokenized fund on a public blockchain.

Why Franklin Templeton Chose HashKey

HashKey is a licensed exchange in Hong Kong, which means it follows local financial rules. This makes it a trusted platform for institutions and investors in Asia. By listing on HashKey, Franklin Templeton can reach more investors who want exposure to U.S. Treasury bonds in a digital format.

What Is Confirmed

The BENJI fund is now available on the HashKey exchange. Franklin Templeton has not shared details about how many investors have used the fund or how much money it holds.

What Is Still Unclear

The sources do not say how popular the fund will be among Asian investors or if other exchanges will list it in the future.

Sources

• Decrypt