Franklin Templeton, the global investment force, which manages $ 1.6 trillion in assets, expands its proprietary Benji technology platform to the BNB chain ecosystem.
The move reinforces Benji’s expertise in institutional quality by utilizing the technological strengths of the BNB chain, including its scalable, low cost infrastructure and high transaction flow, to create a new class of financial assets on the chain.
“Our goal is to meet more investors where they are active while continuing to push the boundaries of what tokenization can deliver with certainty and compliance at the forefront,” said Roger Bayston, head of digital assets in Franklin Templeton, in a press release shared with Coindesk.
“Together, Franklin Templeton and the BNB chain will work to deliver tokenized assets with greater utility and improved functions for retail and institutional clients across the globe,” Bayston said.
Franklin Templeton’s Benji Technology Platform is an integrated stack designed to facilitate 24/7 trade and control of tokenized assets and dividend distribution, as demonstrated by the company’s onchain US Government Money Fund Benji Token. Over the years, the platform has been expanded across several blockchains, including Stellar, Ethereum and Verchain.
According to Sarah Song, head of business development in the BNB chain, Benji’s expansion to the BNB chain stands out because the chain offers a custom-built environment for tokenization.
“The BNB chain has a custom-built environment that issuers cannot find anywhere else: Quick settlement, low fees and compatible data tools in an ecosystem,” said Sarah Song, head of business development in BNB Chain.
“For an institution like Franklin Templeton, it’s not just about the technology, it’s about working with a chain that already demonstrates real liquidity and adoption in scale,” Song explained.
From the time of writing, the total value of the real world that has been tokenized on the THBNB chain was over $ 542 million, making it the eighth largest in the world, according to BNB’s Dune-based tracker. The global RWA market has grown five times in three years and is estimated to reach $ 30 trillion by 2030.
“Institutional adoption of tokenization is moving from pilot projects to scaled insertion. The early question was whether regulated assets could exist on the chain; Today, the focus on which network cannot support them at institutional standards. Franklin Templine’s extension to BNB chain reinforces that tokenization is no longer a theory but an operation coindsk.
