LATEST: $1.6 Trillion Asset Manager Franklin Templeton To Issue Tokenized Products On BNB Chain

Global investment powerhouse Franklin Templeton, managing over $1.6 trillion in assets, has announced the expansion of its Benji Technology Platform to BNB Chain. The move strengthens the firm’s mission to bring traditional funds on-chain, enabling mutual fund shares to be represented by BENJI tokens across networks like Ethereum, Avalanche, Stellar, Polygon, and now BNB Chain.

Roger Bayston, head of digital assets at Franklin Templeton, emphasized that the integration reflects the company’s strategy to broaden investor access while prioritizing compliance and security. He highlighted that the collaboration with BNB Chain aims to unlock new opportunities in tokenized assets, offering enhanced features for both retail and institutional clients worldwide.

BNB Chain has become a growing hub for tokenized financial products, praised for its fast settlement, low transaction fees, and strong compliance tools. Sarah Song, BNB Chain’s Head of Business Development, noted that Franklin’s expansion underscores the network’s ability to support regulated, large-scale tokenized investments. Franklin Templeton’s blockchain journey began in 2021 with the launch of its OnChain U.S. Government Money Fund, now valued at over $730 million.

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