Franklin Templeton, a global investment leader managing $1.6 trillion in assets, is integrating its proprietary Benji Technology Platform with the BNB Chain ecosystem. This strategic move enhances Benji's institutional-grade tokenization capabilities by utilizing BNB Chain's scalable, low-cost infrastructure and high transaction throughput to create innovative on-chain financial assets.
"Our objective is to engage with investors where they are active while advancing tokenization boundaries with a focus on security and compliance," stated Roger Bayston, Head of Digital Assets at Franklin Templeton, in a press release.
"Franklin Templeton and BNB Chain will collaborate to deliver tokenized assets with increased utility and advanced features for global retail and institutional clients," Bayston added.
The Benji Technology Platform is an integrated system enabling 24/7 trading and management of tokenized assets and yield distribution, as evidenced by the firm's OnChain U.S. Government Money Fund BENJI token. The platform has previously expanded to multiple blockchains including Stellar, Ethereum, and VeChain.
Sarah Song, Head of Business Development at BNB Chain, emphasized that Benji's expansion to BNB Chain is significant due to the chain's purpose-built environment for tokenization, offering fast settlement, low fees, and compliant data tools within a single ecosystem.
"For an institution like Franklin Templeton, partnering with a chain that demonstrates real liquidity and large-scale adoption is crucial," Song explained.
According to BNB Chain's Dune-based tracker, the total value of real-world assets (RWA) tokenized on BNB Chain exceeds $542 million, ranking it eighth globally. The global RWA market has grown fivefold in three years and is projected to reach $30 trillion by 2030.
"Institutional tokenization adoption is transitioning from pilot projects to scaled deployment. The focus has shifted from whether regulated assets can exist on-chain to which networks can support them at institutional standards. Franklin Templeton's expansion to BNB Chain confirms that tokenization is an operational reality, and BNB Chain is a key network driving this forward," Song concluded.