๐ฅ Franklin Templeton's Tokenized Treasury Fund Lands on HashKey.
Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief HashKey Exchange has begun distributing Franklin Templeton's tokenized money market fund, grBENJI, through its Earn channel. government money market instruments and dollar cash, with returns tracking short-term Treasury yields. The product is restricted to professional investors, with no offering to the public in Hong Kong. Franklin Templeton has begun distributing its tokenized money market fund through HashKey Exchange, giving the Hong Kong platform's clients access to a blockchain-wrapped pool of U.S.
Government Liquidity Fund, traded as grBENJI, invests primarily in U.S. government money market instruments and dollar cash assets, and is now available on HashKey's Earn channel. Franklin Templeton manages $1.8 trillion in assets and has run a tokenized version of the fund since 2021, when it became the first U.S.-registered mutual fund to use a public blockchain to record share ownership. The product is available to professional investors only and is not available for offering to the public in Hong Kong.
โ What's your take is this the start of a bigger move or just noise? Drop it below.
$BTC $ETH
#AICryptoIntegration #InstitutionalAdoption #TonEcosystem
Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief HashKey Exchange has begun distributing Franklin Templeton's tokenized money market fund, grBENJI, through its Earn channel. government money market instruments and dollar cash, with returns tracking short-term Treasury yields. The product is restricted to professional investors, with no offering to the public in Hong Kong. Franklin Templeton has begun distributing its tokenized money market fund through HashKey Exchange, giving the Hong Kong platform's clients access to a blockchain-wrapped pool of U.S.
Government Liquidity Fund, traded as grBENJI, invests primarily in U.S. government money market instruments and dollar cash assets, and is now available on HashKey's Earn channel. Franklin Templeton manages $1.8 trillion in assets and has run a tokenized version of the fund since 2021, when it became the first U.S.-registered mutual fund to use a public blockchain to record share ownership. The product is available to professional investors only and is not available for offering to the public in Hong Kong.
โ What's your take is this the start of a bigger move or just noise? Drop it below.
$BTC $ETH
#AICryptoIntegration #InstitutionalAdoption #TonEcosystem