Franklin Templeton and HashKey Launch Tokenized U.S. Fund in Asia

Franklin Templeton and Hong Kong-based HashKey Exchange have partnered to distribute a tokenized U.S. government money market fund to professional investors in Asia, marking a significant step in bringing traditional financial products to regulated digital asset platforms. The collaboration, announced on August 24, 2026, makes the Franklin OnChain U.S. Government Liquidity Fund, known as grBENJI, available through HashKey Exchange's Earn channel.

The fund primarily invests in U.S. government money market instruments and U.S. dollar cash assets, using blockchain infrastructure as its investment wrapper. This structure allows investors to gain exposure to conventional short-term government debt through a digital asset venue. Access is restricted to professional and institutional investors in Hong Kong and is not available to the general public.

The partnership combines the scale of a global asset manager with regulated crypto distribution infrastructure. Franklin Templeton manages approximately $1.8 trillion in assets globally across more than 35 countries. HashKey Exchange operates under licenses from Hong Kong's Securities and Futures Commission, including Type 1 and Type 7...