Franklin CEO reveals major announcement coming soon for its money market fund

ChainCatcher News, Franklin Templeton CEO Jenny Johnson revealed at Hong Kong Fintechweek 2025 that a major announcement regarding its money market fund is imminent. When asked by the host about the main reason for attending the Hong Kong event, Jenny stated: "We are excited about the prospects for money market funds and have discovered new demand in many jurisdictions. I think we might make the announcement right here in the next two days."

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