Franklin Templeton Joins BNB Chain, Expanding Access to Tokenized Assets
Franklin Templeton, a global investment management firm with over $1.6 trillion in assets, has joined the BNB Chain. This move integrates the Benji Technology Platform, enabling access to regulated, tokenized assets for more investors worldwide.
The BNB Chain, known for its fast settlement times and low fees, provides an appealing ecosystem for regulated, tokenized assets. Franklin Templeton's entry follows a broader trend of traditional financial institutions adopting blockchain technology.
The Benji Technology Platform, now integrated on the BNB Chain, issues and manages tokenized real-world assets like mutual funds. One of its key offerings, the Franklin OnChain U.S. Government Money Fund (BENJI), has an asset value of nearly $732 million. The platform itself manages over $732 million in tokenized assets, aiming to expand access to blockchain-powered financial products.
Roger Bayston, Franklin Templeton's Head of Digital Assets, stresses the importance of meeting investors where they're active and prioritizing security and compliance. The integration introduces new liquidity and utility to token products, making them available to more institutional and retail investors globally.
Franklin Templeton's integration of the Benji Technology Platform on the BNB Chain signals a significant step in expanding access to regulated, tokenized assets. With over $1.6 trillion in assets, the firm strengthens its blockchain innovations, bringing new liquidity and utility to token products worldwide.
Read also:
- Web3 gaming platform, Pixelverse, debuts on Base and Farcaster networks
- Cannabis-Focused CTV Channel Citizen Green Launches for Global Streamers
- Goodyear in 2025: Advancement in Total Mobility through the Launch of Kmax Gen-3 by Goodyear
- Boston Metal pioneers route to commercial production for eco-friendly steel method
