Overview
- Access is limited to institutional and professional investors in Hong Kong with at least HK$8 million in assets.
- The Franklin OnChain U.S. Government Money Fund invests in short-term U.S. government securities and is registered under the UCITS framework in Luxembourg.
- Shares are issued and serviced onchain via Franklin Templeton’s Benji Technology Platform to improve settlement speed, transparency and operating costs.
- Franklin Templeton tested interactions between the fund token gBENJI and HSBC’s tokenized deposits with OSL under Project Ensemble to enable near‑real‑time settlement.
- The firm plans to seek Securities and Futures Commission approval for a retail tokenized fund as Hong Kong advances its Fintech 2030 roadmap.