Core Insights - Franklin Templeton has launched Hong Kong's first Luxembourg-registered tokenized money-market fund, the Franklin OnChain US Government Money Fund, which invests in short-term US government securities and utilizes blockchain technology for transaction processing and ownership recording [1][2][7] Group 1: Fund Details - The fund is initially open to institutional and professional investors with a minimum investment of HK$8 million (approximately US$1 million) [2] - A retail version of the fund is planned, pending approval from Hong Kong's Securities and Futures Commission (SFC), aimed at democratizing access to digital asset investments [3][7] Group 2: Strategic Initiatives - The launch is part of the Fintech 2030 plan by the Hong Kong Monetary Authority (HKMA), which includes over 40 projects to promote tokenization, AI, and central bank digital currency (CBDC) in Hong Kong's financial sector [4] - Franklin Templeton has developed the blockchain platform for the fund and partnered with HSBC and OSL Group to enhance digital asset infrastructure [5] Group 3: Market Positioning - Hong Kong is positioning itself as a trusted hub for digital assets, with Franklin Templeton enhancing its blockchain capabilities since 2018 and previously launching the world's first U.S.-registered blockchain-integrated mutual fund in 2021 [6]

Early momentum in tokenized gold market highlights growing appetite for trusted, asset-backed digital currenciesTrading volumes for gold averaged record US$329 billion per day during first half of 2025, demonstrating impact of digital innovations on market activityFirst Step in launching integrated ecosystem: "Mine-to-Wallet" NEW YORK, NY, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) (“Blue Gold” or the “Company”), a next-generation gold development and technology company, today annou ...

🚨JUST IN: FRANKLIN TEMPLETON LAUNCHES A TOKENIZED US DOLLAR MONEY MARKET FUND FOR PROFESSIONAL INVESTORS IN HONG KONG ...

🤔 Didn't catch the final day of @chainlink SmartCon 2025. Catch the complete re-air of Day 2 tonight at 11:00 p.m. EST!Don't miss key conversations for the blueprint for tokenization, regulatory compliance, and the next evolution of Web3. https://t.co/hwrEAaltWQ ...

🇭🇰 NEW: Franklin Templeton launches tokenized USD money market fund in Hong Kong. https://t.co/g6SZzFAgl0 ...

Congratulations to our partner, @Memento_Bc, for tokenizing their third, and biggest, RWA Fund on their ZK Chain.Traditional Finance ➡️Incorruptible FinanceMemento (@Memento_Bc):Bigger Than Previous Funds COMBINED!The Third TradFi RWA Fund is now tokenized on Memento ZK Chain 🏛️On track to onboarding Billions in TradFi funds onchain.$DEXTF https://t.co/2pWl02kkbU ...

Financial Data and Key Metrics Changes - In Q3 2025, revenues doubled year-over-year to nearly $1.3 billion, marking a record high [10][12] - Year-to-date revenues increased by 65%, and earnings per share rose by 150% [12][13] - Adjusted EBITDA margins reached 75%, indicating strong profitability [12] - Record net deposits exceeded $20 billion in the quarter, surpassing last year's total of $50 billion with another quarter remaining [10][12] Business Line Data and Key Metrics Changes - Trading volumes for equities, options, and crypto saw double to triple-digit growth [13] - Prediction Markets achieved over $100 million in annualized revenue within a year, tracking towards a $300 million run rate based on October volumes [12][13] - Robinhood Gold subscribers increased to a record 3.9 million, representing over 75% year-over-year growth [13][14] Market Data and Key Metrics Changes - International customer base grew to nearly 700,000 funded accounts, with significant growth in the U.K. and EU markets [11] - Assets under management reached over $300 billion, benefiting from a generational wealth transfer of $120 trillion [7][10] Company Strategy and Development Direction - The company aims to become a global financial ecosystem, targeting over half of its revenue from non-U.S. markets in the next decade [8][9] - Focus on expanding product offerings, including Robinhood Banking and Prediction Markets, to enhance customer engagement and wallet share [7][8] - Plans to leverage tokenization and private market access through Robinhood Ventures to tap into new growth opportunities [9][48] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing product velocity and customer engagement, with expectations for continued strong performance in Q4 [11][18] - The company is actively monitoring regulatory developments and is prepared to adapt its strategies accordingly [2] - Management highlighted the importance of building resilience in their platform following recent outages, emphasizing ongoing improvements [25][26] Other Important Information - The CFO announced plans to retire, with Shiv Verma set to take over the role, ensuring continuity in leadership [18][20] - The company is focusing on enhancing its user experience and product discoverability, particularly in the Prediction Markets segment [77] Q&A Session Summary Question: How quickly do you expect to roll out Robinhood Banking to users? - The rollout will be relatively fast, governed by customer feedback, with early results being positive [24] Question: How are you strengthening platform resiliency after the recent AWS-related outage? - Significant progress has been made in system resilience, allowing many customers to manage risk despite performance degradation [25][26] Question: How do you see the evolution of Robinhood as a super app for the next generation? - The goal is to be the primary financial account for customers, minimizing reasons for withdrawals and expanding product offerings [30] Question: What is the strategy for maintaining leadership in Prediction Markets amidst new entrants? - The company leverages its existing customer base and distribution advantages to maintain a competitive edge [33][34] Question: Can you discuss the demand for private markets and plans for Robinhood Ventures? - There is significant customer demand for access to private markets, and the company is working on innovative solutions to meet this need [46][49] Question: When do you expect tokenized equities to scale, and what implications might they have for revenue? - The company is ramping up the number of tokens available and anticipates greater interoperability in the future [52][70]

Billionaire investor Marc Andreessen is thankful that popular TV personality Jim Cramer thinks it's a bear market. Andreessen is the co-founder of the venture capital firm, Andreessen Horowitz (a16z), which has invested in crypto companies like Ripple, Coinbase, Robinhood, OpenSea, and Yuga Labs. Cramer is the host of shows like "Mad Money" and "Squawk on the Street" on CNBC who recently said that consumer-oriented market seemed to have entered "bear market territory." Cramer who never shies aways from ...

RT jc (@_justinjc_)Building the Rails for Institutional Tokenization at SmartCon 2025 with @SergeyNazarov @chainlinklabs & @Consensys 🧢 https://t.co/kl6Uqx5UTr ...

MalaysiaCentral bank announces three-year tokenization roadmap through Digital Asset Innovation Hub. Targets SME supply chain financing, Shariah-compliant Islamic products, green finance, and 24/7 cross-border settlements. Working group explores MYR stablecoins and wholesale CBDC integration. Malaysia joins Singapore and Hong Kong in Asia's tokenization race.6/7 ...