Money Market Funds

HashKey Exchange has partnered with Franklin Templeton to distribute the tokenized Franklin OnChain U.S. Government Liquidity Fund, known as grBENJI, to professional digital asset investors in Asia. The move underscores rising institutional demand for regulated real-world asset products as tokenized Treasury and money market funds have grown 1,500% to $15 billion over the past two years.

BlackRock has introduced tokenized share classes tied to European money market funds with a combined $311 billion in assets under management. The expansion underscores rising institutional interest in using blockchain infrastructure for cash management and real-world asset transferability.