According to BlockBeats, Franklin Templeton CEO Jenny Johnson revealed at Hong Kong Fintech Week 2025 that a significant announcement regarding the company's money market fund is imminent. When asked about her primary reason for attending the event, Johnson expressed excitement about the prospects for the money market fund, noting new demand across various jurisdictions and hinting that an announcement might be made in the next two days.
Franklin Templeton is among the first global companies to launch tokenized money market funds. Its flagship product, FOBXX, introduced in 2021, was the first U.S. money market fund to utilize a public blockchain, offering 24/7 trading and settlement. Recently, it enabled purchases and redemptions using USDC, facilitating seamless on-chain and off-chain transactions. As of November 2025, the fund's size is approximately $410 million, making it the second-largest tokenized fund in the market, following BlackRock's BUIDL.