Franklin Templeton

www.franklintempleton.com →92 stories in our coverage

Franklin Templeton in the news

Franklin Plans to Push Tokenized Assets Into Traditional Funds

Franklin Templeton is expanding its digital asset strategy by integrating tokenized assets directly into its traditional mutual funds. This initiative aims to bridge the gap between blockchain-based financial instruments and conventional investment vehicles, allowing for greater operational efficiency and liquidity. By leveraging its existing OnChain U.S. Government Money Fund, which operates on the Stellar and Polygon blockchains, the firm seeks to streamline settlement processes and reduce administrative overhead. This move represents a significant shift in institutional asset management, as traditional funds begin to incorporate tokenized holdings as core components of their portfolios. The integration is expected to enhance transparency and accessibility for investors while maintaining compliance with established regulatory frameworks. As Franklin Templeton continues to scale its digital infrastructure, the broader financial industry is closely watching the impact on fund management workflows. This development underscores the growing institutional confidence in blockchain technology as a viable backend for mainstream financial products.

#Polygon #Stellar #InstitutionalDeFi

bloomberg.comAdded: Aug 20, 20269.0

U.S. Treasuries

BounceBit Launches Borobudur, Offering 0% Credit Against Franklin Templeton’s BENJI

CeDeFi platform BounceBit has officially launched Borobudur, a new credit layer designed to facilitate zero-interest borrowing for users holding specific digital assets. By utilizing this infrastructure, investors can leverage their positions in Franklin Templeton’s tokenized money-market fund, BENJI, and various CeDeFi strategy holdings as collateral. The system allows users to access liquidity denominated in BounceBit’s native token, BB, without the need to liquidate their underlying assets or forfeit ongoing yield generation. This development marks a significant integration of traditional tokenized real-world assets with decentralized credit frameworks. By bridging these two distinct financial worlds, BounceBit aims to enhance capital efficiency for institutional and retail participants alike. The initiative underscores a growing trend in the RWA market where tokenized securities are increasingly used as collateral within on-chain lending protocols. This expansion of the BB token's utility within the platform's capital infrastructure reflects a broader industry push to create unified ecosystems for diverse financial products.

#RWA #FranklinTempleton #BENJI

en.bloomingbit.ioAdded: Aug 19, 20267.5

U.S. Treasuries

Securitize, J.P. Morgan, Franklin Templeton drive $65M in tokenized Treasury market cap growth in one week

Securitize, J.P. Morgan, and Franklin Templeton are rapidly expanding the market for tokenized U.S. Treasury products, which recently surpassed a multi-billion-dollar total valuation. Over the past week alone, these three institutions added $65.1 million in market capitalization to their respective blockchain-native offerings. Securitize has emerged as a dominant platform, recording $580 million in growth over the last 30 days, bolstered by its role in powering BlackRock’s BUIDL fund and its recent NYSE listing. Meanwhile, J.P. Morgan continues to utilize its Kinexys platform to stress-test institutional fund settlements, adding $105.1 million in market cap over the same period. Franklin Templeton maintains a significant presence with its OnChain US Government Money Fund, which holds approximately $721 million in assets and benefits from a landmark SEC no-action letter. This shift toward on-chain Treasuries reduces settlement friction and provides programmable, yield-bearing collateral for DeFi ecosystems. By replacing legacy clearing systems with blockchain infrastructure, these firms are bridging the gap between traditional finance and decentralized lending markets. This trend signifies a maturing RWA sector where regulatory clarity and institutional participation are driving sustainable growth.

#FranklinTempleton #Securitize #JPMorgan

cryptobriefing.comAdded: Aug 17, 20268.5

U.S. Treasuries

Franklin Templeton receives SEC approval for onchain fund

The U.S. Securities and Exchange Commission has issued a no-action letter allowing Franklin Templeton to allocate capital directly into its own tokenized Franklin OnChain US Government Money Fund. This regulatory milestone enables the firm to utilize its subsidiary, Franklin Templeton Investor Services, as the primary custodian for private keys, bypassing traditional physical custody requirements. The fund, which maintains a stable $1 per share value, is backed by U.S. government securities and cash. To ensure compliance, the SEC mandated 12 strict conditions, including robust administrative controls for freezing or restoring on-chain records during contingencies. This decision validates distributed ledger technology as a viable infrastructure for institutional capital management and reduces reliance on multiple intermediaries. By automating reconciliation and settlement, the move highlights the growing maturity of blockchain-based financial products. As the fifth-largest manager of tokenized assets globally, Franklin Templeton’s integration of digital assets signals a broader shift toward operational efficiency in traditional finance. This precedent sets a significant benchmark for how institutional liquidity can interact with on-chain environments under U.S. regulatory oversight.

#Tokenization #InstitutionalAdoption #FranklinTempleton

news.bit2me.comAdded: Aug 17, 20269.5

U.S. Treasuries

Franklin Templeton Links Benji Platform to Canton Network

Franklin Templeton has integrated its proprietary Benji platform with the Canton Network, a blockchain infrastructure specifically engineered for regulated financial institutions. This strategic move allows Benji’s tokenized assets, most notably its on-chain U.S. government money market fund, to function as collateral and liquidity within the Canton Global Collateral Network. By connecting to this ecosystem, Franklin Templeton enables institutional participants like HSBC and BNP Paribas to mobilize tokenized assets for more efficient settlement and collateral management. The integration highlights a broader industry trend where major asset managers leverage blockchain as a backend infrastructure to bridge traditional finance with digital markets. With the tokenized U.S. Treasury market reaching approximately $8.4 billion, this development underscores the increasing institutional demand for programmable, on-chain investment products. The expansion follows a $135 million funding round for Digital Asset, the developer behind Canton, signaling robust capital commitment to institutional blockchain infrastructure. This partnership serves as a critical milestone in the maturation of the RWA sector, demonstrating how proprietary platforms can interoperate within regulated, multi-institutional networks.

#RWA #Tokenization #CantonNetwork

coinmarketcap.comAdded: Aug 16, 20268.5

U.S. Treasuries

Franklin Templeton, JP Morgan AM want tokenized fund KYC on par with stablecoins

The newly formed Coalition for Tokenized Markets (CTM), featuring major asset managers including Franklin Templeton, JP Morgan Asset Management, Janus Henderson, and WisdomTree, has formally petitioned the U.S. Treasury and FinCEN to modernize KYC requirements for tokenized funds. The coalition argues that current regulatory frameworks place tokenized funds at a competitive disadvantage compared to stablecoins, which benefit from the GENIUS Act's provision allowing KYC to occur only during on-boarding and off-boarding. By requesting that tokenized funds be granted similar treatment, the group aims to eliminate the requirement for KYC checks on every individual transaction. This shift is viewed as essential for fostering a level playing field within U.S. capital markets and encouraging broader institutional adoption of blockchain-based financial products. If successful, this regulatory adjustment would significantly reduce friction for investors interacting with tokenized assets across different platforms. The proposal highlights the growing tension between legacy financial regulations and the operational realities of distributed ledger technology. Ultimately, this initiative represents a coordinated effort by industry leaders to align federal oversight with the functional efficiencies of digital assets.

#FranklinTempleton #JPMorgan #TokenizedFunds

ledgerinsights.comAdded: Aug 14, 20268.0

U.S. Treasuries

Franklin Templeton Secures SEC Approval for BENJI Tokenized Fund Investments

The U.S. Securities and Exchange Commission has granted regulatory approval allowing Franklin Templeton’s registered mutual funds and ETFs to hold the BENJI tokenized money market fund directly. This decision resolves long-standing custody challenges related to Section 17(f) and Rule 17f-2 of the Investment Company Act, which previously required physical certificate safeguards incompatible with blockchain-based assets. By utilizing the Stellar blockchain alongside traditional transfer-agent oversight, Franklin Templeton can now integrate tokenized government debt instruments into its broader investment portfolios. This development marks a significant shift in how institutional investment vehicles manage digital assets, moving away from legacy physical custody requirements toward electronic, blockchain-enabled record-keeping. The SEC’s no-action correspondence validates the firm's hybrid architecture, which combines on-chain transaction data with authoritative off-chain shareholder documentation. This approval enables more efficient cash management and capital allocation strategies across Franklin’s registered investment products. Ultimately, this milestone reinforces the institutional viability of tokenized funds by aligning modern blockchain infrastructure with established regulatory frameworks.

#Stellar #FranklinTempleton #SEC

BlockonomiAdded: Aug 13, 20269.0

U.S. Treasuries

Franklin Templeton: SEC Clears Onchain Fund Custody

Franklin Templeton has secured a significant no-action letter from the SEC Division of Investment Management regarding its OnChain U.S. Government Money Fund, known as FOBXX. This regulatory relief permits the fund to be utilized for cash management and as collateral for securities lending, moving beyond traditional physical-securities settlement requirements. By enabling ownership to be recorded directly on its blockchain-integrated system, the firm can now facilitate intraday trading and more efficient collateral management. This development marks a pivotal shift in how institutional-grade money market funds interact with distributed ledger technology. It effectively bridges the gap between legacy financial infrastructure and blockchain-based settlement, enhancing the utility of tokenized assets. For the broader RWA market, this approval signals a growing regulatory comfort with using on-chain assets for complex financial operations. The move underscores the increasing integration of tokenized government securities into mainstream institutional workflows.

#Tokenization #FranklinTempleton #FOBXX

blockchain.newsAdded: Aug 12, 20269.0

U.S. Treasuries

BUIDL and BENJI lead tokenized US Treasury bill growth as market balloons past early estimates

BlackRock’s BUIDL and Franklin Templeton’s BENJI have recorded the largest market cap gains among tokenized U.S. Treasury products, signaling a significant shift in fixed-income investing. BUIDL, launched on Ethereum in March 2024, has reached approximately $2.7 billion in total asset value and now commands roughly 40% of the on-chain Treasury market. Meanwhile, Franklin Templeton’s BENJI, which launched in 2021, holds about $727 million in assets and offers a lower barrier to entry for retail investors. Both products utilize rebasing tokens to maintain a stable $1.00 net asset value while distributing yield through periodic token minting. These assets provide key advantages over traditional bond markets, including 24/7 settlement and fractional ownership capabilities. With yields currently ranging between 3.42% and 3.55%, these products are increasingly positioned as competitive alternatives to non-yielding stablecoins. The rapid growth of these funds reflects a broader trend of traditional finance institutions migrating assets on-chain to enhance accessibility and efficiency. This expansion contributes to a tokenized Treasury market projected to reach between $10 billion and $17 billion by mid-2026.

#Ethereum #RWA #FranklinTempleton

cryptobriefing.comAdded: Aug 12, 20268.5

U.S. Treasuries

Funds lead year-to-date growth in tokenized market cap by $7B

Three major institutional tokenized funds from BlackRock, Circle, and Franklin Templeton have added approximately $7.1 billion in market cap this year, driving significant growth in the RWA sector. These products, specifically BUIDL, USYC, and iBENJI, now hold a combined market cap of roughly $7.23 billion, representing a substantial portion of the total $33.9 billion to $36.7 billion on-chain asset market. Despite their scale, these funds exhibit almost zero integration with decentralized finance, with DeFi utilization rates hovering between 0% and 1.05%. This creates a two-tier market structure where institutional assets function primarily as digital certificates of deposit rather than composable collateral. In contrast, smaller credit-focused protocols like Maple and Janus Henderson demonstrate high DeFi utilization rates of up to 97%. The lack of composability for the largest funds means the theoretical promise of on-chain liquidity remains largely unrealized. This concentration of capital in three specific products poses potential systemic risks, as regulatory or redemption events could disproportionately impact the broader tokenized asset landscape.

#RWA #FranklinTempleton #BlackRock

cryptobriefing.comAdded: Aug 12, 20268.0

U.S. Treasuries

Franklin Templeton Leads Growth in Tokenized U.S. T-Bills

Franklin Templeton has solidified its leadership in the tokenized U.S. Treasury market by reporting a year-to-date growth of $1.6 billion in assets. This expansion is part of a broader industry trend, with Circle and Securitize also recording significant gains of $1.5 billion and $1.1 billion, respectively. The collective growth of these major players highlights a substantial shift toward the integration of traditional financial instruments onto blockchain rails. This movement reflects an increasing institutional appetite for secure, yield-bearing digital assets that offer transparency and efficiency. As traditional finance firms embrace tokenization, the market is seeing a pivot toward products that bridge the gap between legacy investment strategies and decentralized infrastructure. The success of these initiatives suggests that regulatory clarity and institutional adoption are accelerating the mainstream acceptance of tokenized real-world assets. Ultimately, this trend signals a fundamental evolution in how investors access and manage sovereign debt in a digital-first financial landscape.

#Tokenization #FranklinTempleton #InstitutionalFinance

coinfomania.comAdded: Aug 12, 20267.5

Infrastructure

Crypto News Today: Franklin Templeton Joins Canton Network as Super Validator

Franklin Templeton, an asset manager overseeing over $1.5 trillion, has officially joined the Canton Network as a Super Validator. This strategic move follows the expansion of the firm's Benji Technology Platform to the Canton Network in late 2025. By becoming a Super Validator, Franklin Templeton takes on a critical role in securing the network, validating transactions, and participating in governance. The Canton Network is a privacy-focused Layer-1 blockchain specifically designed for institutional tokenized assets. Franklin Templeton joins a prestigious group of infrastructure operators including Visa, DTCC, Nasdaq, and Chainlink. This development signals a shift from institutions merely utilizing blockchain networks to actively operating their core infrastructure. The integration underscores the growing institutional commitment to building secure, compliant frameworks for tokenized financial products.

#Tokenization #CantonNetwork #FranklinTempleton

coinpedia.orgAdded: Aug 7, 20268.5