Franklin Templeton’s tokenized funds add $532.4 million in 30 days

Franklin Templeton has solidified its leadership in the tokenized money market sector, recording a $532.4 million increase in market value for its funds over a 30-day period. The firm's primary vehicle, the Franklin OnChain U.S. Government Money Fund (FOBXX), continues to drive this growth, with total digital assets under management reaching $3.6 billion by late 2026. Approximately $2.5 billion of this total is held within tokenized money market funds, primarily operating on the Stellar blockchain. The firm has successfully expanded its footprint to the XRP Ledger, which has attracted over $150 million in new inflows. This growth trajectory allowed Franklin Templeton to outperform competitors like Spiko and Re in recent monthly metrics. A significant regulatory milestone occurred in August 2026 when the SEC issued a no-action letter permitting the firm's traditional mutual funds and ETFs to utilize BENJI tokens as cash positions or collateral. This development marks a pivotal shift in institutional adoption, bridging the gap between traditional finance and on-chain assets. As the tokenized Treasury market approaches $38 billion in total value, the intense competition between major players highlights the increasing demand for 24/7 on-chain settlement.