
Franklin Templeton has partnered with MoonPay to integrate its BENJI tokenized money market fund with MoonPay’s enterprise-focused onchain execution platform, MoonPay Trade. This collaboration enables qualified institutional clients to seamlessly exchange popular stablecoins, specifically USDC and USDT, for exposure to Franklin Templeton’s blockchain-based money market vehicles. By merging the Benji Technology Platform with MoonPay’s unified API, the integration simplifies liquidity operations, collateral management, and portfolio adjustments for corporate users. This development marks a significant step in embedding regulated, tokenized cash-management solutions directly into broader cryptocurrency ecosystems. As Franklin Templeton manages approximately $1.74 trillion in assets, the move highlights the growing institutional demand for efficient, blockchain-native financial instruments. The partnership effectively bridges the gap between cash-equivalent stablecoins and interest-generating fund products, reinforcing BENJI's utility as a compliant treasury tool. Ultimately, this integration demonstrates the ongoing evolution of institutional onchain infrastructure and the increasing adoption of tokenized assets for routine financial operations.
The Franklin OnChain U.S. Government Money Fund (BENJI) launched in 2021 as the first U.S.-registered mutual fund to utilize public blockchain ledgers. It allows investors to gain exposure to government securities through tokenized shares, providing a transparent, blockchain-native alternative to traditional money market funds.
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