Chetan Karkhanis, an executive in Franklin Templeton's digital assets division, assessed that Asia is leading the global tokenized financial market. According to CryptoBriefing, he emphasized, "Among Asian countries, South Korea, Japan, Singapore, and Hong Kong, in particular, are about 2-3 years ahead of other regional markets." Meanwhile, Franklin Templeton has recently been expanding its financial token business in the Asia-Pacific region. In November last year, it launched Hong Kong's first money market fund token, and with DBS Bank, it pursued the launch of Singapore's first money market fund token for individual investors.
