Franklin Templeton Launches Tokenized US Dollar Fund in Hong Kong, Signaling Growing Crypto Adoption

Franklin Templeton has entered the world of tokenized financial instruments by introducing a groundbreaking fund for institutional investors in Hong Kong. This move signifies the increasing integration of traditional finance with blockchain technology as a key driver of innovation in Asia’s financial market landscape. The fund aims to provide steady income and capital preservation through investments in short-term US government treasuries, leveraging proprietary blockchain systems. ]