Scrypt Swiss Ag Integrates Franklin Templeton Benji to Tokenise Its Treasury Operations on Swiss-Licensed Infrastructure
RWA Signal Insight
U.S. TreasuriesScrypt, a Swiss-based crypto-native financial services firm, has integrated Franklin Templeton’s Benji Investments platform to tokenize its treasury operations. By leveraging the Benji platform, Scrypt gains access to the Franklin OnChain U.S. Government Money Fund (FOBXX), which is natively issued on the Stellar blockchain. This integration allows Scrypt to manage its corporate treasury assets more efficiently by utilizing tokenized money market funds that offer near-instant settlement and transparency. The move marks a significant step in the institutional adoption of blockchain-based financial products within the Swiss regulatory framework. By bridging traditional asset management with digital infrastructure, Scrypt enhances its liquidity management capabilities while maintaining compliance. This development underscores the growing trend of institutional players utilizing established tokenized funds to optimize capital efficiency. As more firms adopt these on-chain instruments, the RWA market moves closer to a standardized, interoperable ecosystem for institutional treasury management.
Key points
- Scrypt integrates Franklin Templeton’s Benji platform for corporate treasury management.
- Franklin OnChain U.S. Government Money Fund (FOBXX) utilizes the Stellar blockchain.
- Integration enables near-instant settlement and improved liquidity for institutional treasury operations.
- Swiss-licensed infrastructure facilitates the adoption of tokenized money market funds.
Background
Franklin Templeton’s Benji platform is a proprietary blockchain-integrated investment ecosystem designed to provide institutional and retail investors access to tokenized assets. The Franklin OnChain U.S. Government Money Fund (FOBXX) was the first U.S.-registered mutual fund to use a public blockchain for transaction processing and share ownership recording.