Hong Kong has officially launched its "Fintech 2030" strategy with the launch of the city's first tokenized investment fund, managed by global asset manager Franklin Templeton.
The initiative is a cornerstone of the government's five-year plan to deeply integrate artificial intelligence and blockchain technology into its financial ecosystem.
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The fund, called Franklin OnChain U.S. Government Money Fund, uses blockchain-based tokens to represent investors' holdings.
Its launch has been coordinated with the Hong Kong Monetary Authority (HKMA) as the inaugural project of the new strategy.
The Fintech 2030 plan outlines more than 40 measures to foster a tokenization ecosystem, implement AI tools, and strengthen the sector's resilience.