Franklin Templeton links on-chain fund BENJI with MoonPay for institutional liquidity hub
RWA Signal Insight
U.S. TreasuriesFranklin Templeton has integrated its on-chain U.S. Treasury money market fund, BENJI (FOBXX), with MoonPay Trade’s single API to enhance institutional liquidity. This partnership allows institutional investors to swap BENJI tokens directly for USDC and USDT, effectively removing the need for multiple intermediaries. By streamlining the conversion process, the integration creates a robust liquidity hub that supports various DeFi activities, including treasury management, collateralized lending, and portfolio rebalancing. This development marks a significant advancement in bridging traditional asset management with decentralized finance infrastructure. By addressing liquidity fragmentation, the move enables more efficient capital deployment for institutional participants within the on-chain ecosystem. As tokenized real-world assets continue to gain traction, such infrastructure improvements are critical for reducing operational complexity. Ultimately, this collaboration signals a growing convergence between traditional finance and DeFi, potentially accelerating institutional adoption of on-chain financial products.
Key points
- Franklin Templeton integrated BENJI (FOBXX) fund with MoonPay Trade’s single API.
- Institutional investors can now swap BENJI directly for USDC and USDT.
- Integration enables on-chain treasury management, liquidity provision, and collateralized lending.
- Partnership removes multiple intermediaries to streamline institutional on-chain capital efficiency.
Background
Franklin Templeton’s BENJI (FOBXX) is a pioneering on-chain money market fund that provides investors with exposure to U.S. Treasuries via blockchain technology. It allows institutions to hold yield-bearing, regulated assets directly on-chain, serving as a bridge between traditional financial instruments and digital asset ecosystems.