Franklin Templeton, the $1.6 trillion asset manager, brings its Benji Technology Platform to BNB Chain in a partnership with Binance. This move aims to make tokenized financial products more accessible to retail and institutional investors worldwide.
Roger Bayston, Head of Digital Assets at Franklin Templeton, said, “Our goal is to meet more investors where they’re active, while continuing to push the boundaries of what tokenization can deliver with security and compliance at the forefront. Together, Franklin Templeton and BNB Chain will work to deliver tokenized assets with greater utility, and enhanced features for retail and institutional clients across the globe.”
The Benji Technology Platform is the firm’s blockchain tool for issuing and managing tokenized real-world assets. It supports around-the-clock trading and yield distribution.
The platform powers the Franklin OnChain U.S. Government Money Fund, known as BENJI, which manages about $732 million on-chain, according to RWAxyz. This makes it the third-largest tokenized U.S. Treasury fund, behind BlackRock’s BUIDL at $2.1 billion.
BNB Chain, valued at $141.7 billion, has become one of the fastest-growing blockchain networks and already hosts over $542 million in tokenized real-world assets, based on Dune data.
By joining BNB Chain, Franklin Templeton hopes to tap into a broad user base while benefiting from the chain’s low fees and high-speed transactions. Meanwhile, Benji is already live on Ethereum, Stellar, Solana, Arbitrum, and VeChain. Most of the platform’s assets, about $467 million, currently sit on Stellar.
Notably, the move comes as more major financial firms continue to adopt tokenized assets at a fast rate. The RWA on-chain market has already topped $30 billion and is projected to grow much larger in the coming years.
Just recently, Franklin Templeton added an intraday yield option to BENJI, which allows investors to earn steady returns even on short-term holdings.
That said, this partnership builds on Franklin Templeton’s recent alliance with Binance, blending the firm’s expertise in securities tokenization with the exchange’s global reach.
Also Read: Hyperliquid Launches USDH Stablecoin Trading on Platform
