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      Franklin Templeton Highlights Asia's Leadership in Tokenized Finance

      Franklin Templeton, a prominent asset management firm, has identified Asia as a leader in the adoption of tokenized finance, with South Korea, Japan, Singapore, and Hong Kong reportedly two to three years ahead of other regions. Chetan Karkhanis, the firm's senior executive for digital assets, emphasized that the advancements in these markets are setting a global benchmark for tokenization.

      In November 2025, Franklin Templeton launched Hong Kong's first tokenized money market fund, followed by a partnership with DBS Bank to introduce Singapore's first tokenized retail money market fund, expected to launch in the first quarter of 2026. The firm also collaborated with DigiFT in May 2026 to distribute tokenized products across Asia, and in August 2026, it launched the Franklin OnChain U.S. Government Liquidity Fund in partnership with HashKey Exchange, initially available to professional investors in Hong Kong.

      The growth of tokenized real-world assets on public blockchains has been significant, increasing from approximately $5.5 billion in 2021 to $18.6 billion by 2025. This surge is largely driven by U.S. government securities, aligning with Franklin Templeton's focus on tokenized Treasuries and money market funds. Karkhanis advocates for a pragmatic approach, targeting products familiar to institutional and retail investors while leveraging blockchain technology to enhance efficiency in traditional finance.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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