Franklin Templeton

RWA · Tokenized Treasuries · BENJI

NetworkRWATokenized TreasuriesInstitutional-GatedYield-BearingReal-World-CustodyMulti-Chain1 coinsAudited

Franklin Templeton runs the only '40 Act-registered mutual fund tokenized on-chain, accessible to retail at a $20 minimum via the Benji app. The BENJI token represents 1 share of FOBXX (Franklin OnChain US Government Money Fund), with yield from short-duration Treasuries + repo.

The only '40 Act mutual fund tokenized on-chain.

Assets under management

$1.98B

Latest data · 15 min delay

Partnerships

Active partnerships

  • Stellar Development Foundation

    2021-04-06

    Stellar is BENJI's original and primary blockchain, hosting the first U.S.-registered mutual fund to use a public blockchain as its official system of record. The two organizations jointly marked five years of BENJI in 2026, citing over 140% investor growth (April 2024–March 2026) and over $211 million in cumulative peer-to-peer transfer volume as of March 31, 2026.

  • Avalanche (Ava Labs)

    2024-08-21

    Franklin Templeton launched BENJI on the Avalanche network, enabling USDC-funded subscriptions and peer-to-peer transfers on Avalanche.

  • BNB Chain

    2025-09-24

    Franklin Templeton brought the Benji tokenization platform to BNB Chain, citing its low-cost, compliance-focused infrastructure to reach more investors.

Research agent