Franklin Templeton Expands $1.5B BENJI Fund to BNB Chain

Franklin Templeton Expands $1.5B BENJI Fund to BNB Chain

Franklin Templeton has expanded its BENJI tokenized money market fund, valued at approximately $1.5 billion, to BNB Chain, marking another step in the asset manager’s broader blockchain strategy. The move extends one of the world’s largest tokenized investment products to an additional public blockchain, broadening access for investors while reinforcing the growing role of blockchain technology in traditional finance. Crypto analyst ALLINCRYPTO …

BNB Chain Now Top Network for Franklin Templeton’s $1.5B BENJI Fund - The Blockopedia

Franklin Templeton has expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, marking a significant shift in the distribution of one of the world’s largest tokenized investment products. The move extends the fund’s reach to another prominent public blockchain, building on its earlier presence on Stellar, Ethereum, and other networks. According to […] The post BNB Chain Now Top Network for Franklin Templeton’s $1.5B BENJI Fund …

Franklin Templeton's RWA Race with BlackRock Creates New Risk Blockchain News ETHNews

Franklin Templeton moved $1.5B of its Benji platform onto BNB Chain. That sum equals 61.7% of Benji’s total tracked value. The move directly answers BlackRock’s lead in tokenized Treasuries. Concentrating on one chain undercuts Benji’s multi-chain risk strategy. Franklin Templeton, the asset manager overseeing $1.68 trillion, confirmed over the weekend of July 17-19 that more than $1.5 billion of its Benji tokenization platform now sits natively…

BNB Chain now supports 61.7% of Franklin Templeton’s $1.5B B

🚨 BNB Chain now holds 61.7% of BENJI fund assets, overtaking Stellar. 🔍 Franklin Templeton’s $1.5B fund is available on multiple blockchains for institutions. 💸 Major exchanges like Binance and Kraken support BENJI for client investments. 🪙 $BNB Chain’s surging share...