Swiss Crypto Firm SCRYPT Puts Treasury on Franklin Templeton's Tokenized Money Market Fund

Swiss digital asset infrastructure firm SCRYPT has integrated Franklin Templeton’s BENJI token, representing shares in the Franklin OnChain US Government Money Fund (FOBXX), into its internal treasury operations. This move addresses the structural inefficiencies of traditional money market funds, which typically operate on a T+1 settlement cycle and remain inactive during weekends. By utilizing BENJI, SCRYPT achieves instant on-chain settlement and real-time yield accrual, aligning its treasury management with the 24/7 nature of crypto markets. This integration is particularly significant as SCRYPT processed over $9 billion in trading volume last year, primarily in stablecoins. As one of the first Swiss-licensed firms to adopt this tokenized solution, SCRYPT demonstrates the practical utility of blockchain-based cash management at an institutional scale. The development highlights a broader trend where crypto-native firms are increasingly replacing idle cash with yield-bearing, tokenized alternatives. This shift underscores the growing maturity of the RWA sector as global asset managers like Franklin Templeton expand the distribution of their on-chain products.