Franklin Templeton says South Korea, Japan lead tokenization market by 2-3 years

Asia is leading the global tokenized finance market, and South Korea, Japan, Singapore and Hong Kong are around two to three years ahead of other regional markets, Franklin Templeton digital assets executive Chetan Karkhanis said, according to Crypto Briefing.

Franklin Templeton has also recently expanded its financial token initiatives across the Asia-Pacific region. In November last year, it launched Hong Kong’s first tokenized money market fund, and with DBS Bank it moved to launch Singapore’s first tokenized money market fund for retail investors.

Source: Coinness