Key Takeaways
- • Franklin Templeton and HashKey Exchange launched Franklin OnChain US Government Liquidity Fund (grBENJI) on HashKey's Earn channel on August 24, 2026, expanding tokenized fund access across Asian markets through a regulated digital asset platform.
- • The tokenized money market fund provides eligible digital asset investors exposure to US government money market instruments and US dollar cash holdings via blockchain infrastructure, enhancing transparency, settlement speed, and operational efficiency.
- • The offering is restricted to professional investors in Hong Kong and represents a strategic collaboration bridging traditional asset management with blockchain-enabled securities distribution in Asia.
- • The partnership demonstrates continued institutional adoption of tokenization for regulated fund distribution, utilizing distributed ledger technology to improve transaction processing and recordkeeping while maintaining compliance frameworks.
Summary
Franklin Templeton, a major global asset management firm, has partnered with Hong Kong-based digital asset platform HashKey Exchange to distribute its tokenized money market fund across Asian markets. The collaboration launched Franklin OnChain US Government Liquidity Fund, designated as grBENJI, on HashKey Exchange's Earn channel on August 24, 2026, marking a significant expansion of blockchain-based traditional finance offerings in the region.
The fund provides eligible digital asset investors with exposure to US government money market instruments combined with US dollar cash holdings. By operating through HashKey's licensed trading platform, the arrangement allows transactions and recordkeeping to leverage blockchain-enabled systems designed to enhance transparency, settlement speed, security, and overall operational efficiency compared to traditional infrastructure.
This partnership reflects the growing institutional strategy of tokenizing traditional financial products to improve access and operational characteristics while maintaining regulatory compliance. The offering is structured exclusively for professional investors in Hong Kong and is not available to retail investors, underscoring the measured approach to bringing tokenized securities into regulated markets. The collaboration between Franklin Templeton and HashKey Holdings Limited demonstrates how major asset managers are increasingly utilizing blockchain infrastructure for fund distribution while operating within established regulatory frameworks across Asia-Pacific regions.
The fund provides eligible digital asset investors with exposure to US government money market instruments combined with US dollar cash holdings. By operating through HashKey's licensed trading platform, the arrangement allows transactions and recordkeeping to leverage blockchain-enabled systems designed to enhance transparency, settlement speed, security, and overall operational efficiency compared to traditional infrastructure.
This partnership reflects the growing institutional strategy of tokenizing traditional financial products to improve access and operational characteristics while maintaining regulatory compliance. The offering is structured exclusively for professional investors in Hong Kong and is not available to retail investors, underscoring the measured approach to bringing tokenized securities into regulated markets. The collaboration between Franklin Templeton and HashKey Holdings Limited demonstrates how major asset managers are increasingly utilizing blockchain infrastructure for fund distribution while operating within established regulatory frameworks across Asia-Pacific regions.
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