Franklin CEO reveals that its money market fund is about to announce significant news

Franklin Templeton CEO Jenny Johnson revealed at Hong Kong Fintech Week 2025 that a major announcement regarding its money market fund is forthcoming. When asked by the host about the main reason for attending the event in Hong Kong, Jenny stated, "We are excited about the prospects of the money market fund, as we have found new demand in many jurisdictions, and I think we might make the announcement here in the next two days."

Franklin Templeton is one of the first companies in the world to launch a tokenized money market fund, with its flagship product FOBXX launched in 2021. It is the first money market fund in the U.S. to use a public blockchain, supporting 24/7 trading and settlement, and recently opened up support for purchasing and redeeming with USDC, enabling seamless on-chain and off-chain conversions. As of November 2025, its size is approximately $410 million, making it the second-largest tokenized fund in the market, second only to BlackRock's BUIDL.