Franklin Templeton Tokenized Fund Debuts on HashKey

This is less about a new product than about distribution. Tokenized Treasury funds have largely been a U.S.-and-Europe story; routing one through HashKey's Earn channel signals that Asian access is becoming the battleground for on-chain cash products. The significance is competitive: once a manager of this scale treats a crypto-native venue as a legitimate shelf, peers face pressure to follow or explain why they haven't. What's worth watching is whether this remains a single listing or becomes a template for other funds on the same channel.