DeFi· ★★★· bullish·

Franklin Templeton's Chetan Karkhanis: Asia leads tokenized finance by 2-3 years

  • —Franklin Templeton says Korea, Japan, Singapore, and Hong Kong lead other regions in tokenization by 2-3 years
  • —The firm launched Hong Kong's first tokenized money market fund in November 2025
  • —A tokenized retail money market fund with DBS Bank is targeted for launch in Singapore in Q1 2026
  • —Tokenized RWA volume on public blockchains grew from $5.5 billion in 2021 to $18.6 billion in 2025
Why it matters: Clear regulatory frameworks in Asia are accelerating institutional capital flows into tokenized real-world asset products.
Source: Crypto Briefing