Franklin Templeton Expands Benji Platform on BNB Chain to Boost Tokenized Investment

Franklin Templeton, which manages $1.6 trillion, has made its Benji investment platform available on BNB Chain, allowing more investors to access tokenized investment products.

The Benji technology platform is a system that creates and manages digital versions of real-world investments, and is currently live on eight blockchains, including Ethereum, Arbitrum, and Solana, with $467 million of its total $731.8 million assets held in Stellar. 

The platform also powers Franklin’s digital U.S. Government money fund valued at approximately $732 million, making it the third-largest tokenized Treasury fund after BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which is worth $2.1 billion.

Franklin Templeton’s expansion to BNB Chain reflects the company’s focus on meeting investors’ needs while ensuring security and compliance. 

According to Roger Bayston, Head of Digital Asset at  Franklin Templeton, the integration with BNB Chain will improve tokenized assets and expand the platform’s global reach.

In addition, Franklin Templeton has introduced an Intraday yield to the BENJI fund, allowing investors to earn returns on short-term holdings, helping make tokenized assets more attractive.

BNB Chain Strengthens Its Position in Tokenized Finance

BNB Chain, created by Binance, has strengthened its role in the tokenized finance market following Franklin Templeton’s recent expansion on the platform, and now ranks as the fifth-largest blockchain with a market value of about $141.7 billion.

The collaboration is part of a wider trend of traditional financial firms adopting blockchain, as Binance teams up with Franklin Templeton by combining its tokenization expertise with Binance’s globally trusted trading platform.

While the new alliance aims to improve efficiency and scalability for a wide range of investors, the tokenized RWA sector continues to grow and is attracting more institutional investors.

RWA.xyz data shows that the on-chain RWA market has reached $30.42 billion, held by 400,880 individual holders worldwide, representing an 8.85% gain over the past 30 days, highlighting renewed momentum in tokenization activity.