Franklin Templeton Brings Tokenized Platform to BNB Chain

Franklin Templeton expands its Benji Platform to BNB Chain, boosting access to tokenized investment products.

  • Franklin Templeton expands Benji Platform to BNB Chain
  • Move enhances accessibility to tokenized U.S. government money funds
  • Signals growing adoption of blockchain in traditional finance

In a notable step toward bridging traditional finance and blockchain technology, Franklin Templeton has announced the expansion of its Benji Investments Platform to BNB Chain. This move highlights the asset manager’s ongoing commitment to blockchain integration, particularly in offering tokenized financial products.

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What is the Benji Platform?

The Benji Platform was introduced to offer tokenized shares of the Franklin OnChain U.S. Government Money Fund, which is registered with the U.S. Securities and Exchange Commission (SEC). The platform initially operated on the Stellar blockchain and later expanded to Ethereum.

Now, by integrating with BNB Chain, Franklin Templeton opens its services to an even broader audience within the crypto ecosystem. BNB Chain is known for its speed, low fees, and wide user base, making it an attractive option for deploying tokenized financial products.

Why BNB Chain Matters

BNB Chain’s compatibility with Ethereum’s Virtual Machine (EVM) allows for seamless smart contract deployment, making it easier for institutions like Franklin Templeton to scale their offerings.

This expansion is more than just a technical move—it signals a growing acceptance of blockchain by major financial institutions. By entering the BNB Chain ecosystem, Franklin Templeton is effectively broadening access to tokenized investment products and pushing forward the mainstream adoption of blockchain in asset management.

A Step Forward for On-Chain Finance

The expansion supports a growing trend where traditional financial firms are turning to public blockchains for increased transparency, accessibility, and efficiency. With billions in assets under management, Franklin Templeton’s continued investment in blockchain tech is a strong signal that tokenization could become a cornerstone of future finance.

This move is likely to encourage other traditional players to explore similar strategies, ultimately bringing more legitimacy and use cases to blockchain technology.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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