Franklin Templeton Executive Highlights Asia as Leader in Tokenized Finance

Chetan Karkhanis, a senior digital assets executive at Franklin Templeton, stated that Asia is currently two to three years ahead of other global markets in tokenized finance, specifically citing Korea, Japan, Singapore, and Hong Kong. The firm has been actively expanding its presence in the region, launching tokenized money market funds in Hong Kong and Singapore, and partnering with DigiFT and HashKey Exchange to distribute tokenized products. These initiatives utilize the firm's proprietary Benji blockchain platform. According to the report, the total volume of tokenized real-world assets on public blockchains increased from approximately $5.5 billion in 2021 to $18.6 billion by 2025, with US government securities serving as a primary growth driver.