#FOBXX

15 articles tagged #FOBXX — curated RWA tokenization coverage.

Tokenization Gains Ground & ETFs Have Room to Grow
Infrastructure

Tokenization Gains Ground & ETFs Have Room to Grow

A 2026 report by Cerulli Associates reveals that while 63% of asset managers monitor tokenization, only 20% currently utilize blockchain to streamline operations. The research highlights that money market and Treasury funds, such as BlackRock's BUIDL and Franklin Templeton's FOBXX, represent the most advanced tokenized offerings. Conversely, tokenized ETFs remain in early development, with WisdomTree's large-cap equity fund holding only $18.8 million compared to $765.7 million in its digital money market fund. The report emphasizes that the primary value of tokenization lies in back-office efficiencies like settlement and collateral management rather than new product launches. Cerulli identifies private credit as the most significant long-term opportunity for tokenization, potentially solving liquidity and onboarding friction for high-net-worth investors. Despite the potential for operational improvements, the industry remains cautious, with firms prioritizing infrastructure maturity over immediate product expansion. This shift suggests that tokenization is evolving into a foundational financial utility rather than a standalone investment trend.

advisorperspectives.com·Oct 12, 20267.5
Franklin Templeton Explores SEC Relief for Tokenized Fund Trades
U.S. Treasuries

Franklin Templeton Explores SEC Relief for Tokenized Fund Trades

Franklin Templeton met with SEC Crypto Task Force staff on October 9 to discuss potential regulatory exemptions for trading tokenized money market funds and ETFs on blockchain venues. The investment manager, which oversees $1.79 trillion in assets, is seeking clarity on whether blockchain-based fund shares can be exchanged for tokenized National Market System (NMS) stocks. Central to the discussion are Investment Company Act rules 22(d) and 22c-1, which mandate specific pricing and valuation procedures for redeemable fund shares. Franklin Templeton is exploring if these rules require exemptions to facilitate trading pairs involving tokenized stocks, stablecoins, and money market funds. The firm also questioned whether liquidity pools used for these trades require registration as investment companies under the 1940 Act. This engagement follows the SEC's September 17 innovation exemption, which allows limited tokenized stock trading under strict conditions. These discussions represent a significant step toward integrating traditional fund operations with decentralized liquidity infrastructure. If successful, this could establish a legal framework for seamless, on-chain trading of regulated financial products.

news.bitcoin.com·Oct 10, 20268.5
Franklin Templeton Says On-Chain Records Add Utility to Funds
U.S. Treasuries

Franklin Templeton Says On-Chain Records Add Utility to Funds

Franklin Templeton’s OnChain U.S. Government Money Fund, known as FOBXX and represented by the BENJI token, continues to demonstrate the utility of native blockchain-based fund management. Launched on the Stellar network in 2021, the fund distinguishes itself by using a public blockchain as the official record for transactions, share ownership, and investor distributions rather than relying on digital-twin structures. This native approach enables intraday yield accrual, daily dividend distributions, and 24/7 market access for investors. As of April 29, 2026, the BENJI suite reached $1.98 billion in assets under management, reflecting significant growth in adoption. Peer-to-peer transfer volume surpassed $211 million by March 31, 2026, while the investor base grew by over 140% between April 2024 and March 2026. The integration of these tokens into broader financial ecosystems is evidenced by a partnership with Binance, allowing BENJI shares to serve as off-exchange collateral. This development highlights the shift toward using tokenized money-market funds as functional settlement assets within regulated financial frameworks.

tokenpost.com·Oct 8, 20268.0
Next Shiba Inu Search Heats Up as Franklin Templeton Puts $686M On-Chain and Pepeto Goes Live
News

Next Shiba Inu Search Heats Up as Franklin Templeton Puts $686M On-Chain and Pepeto Goes Live

Franklin Templeton has expanded its institutional crypto integration by enabling $686 million in tokenized money market fund shares to be used as trading collateral on the Bybit exchange. This initiative, launched on September 28, allows investors to pledge tokenized fund shares via ByCustody while continuing to earn yield on their underlying assets. By integrating these shares into major exchanges like Bybit, Binance, and OKX, the $1.83 trillion asset manager is bridging traditional finance with digital asset liquidity. This development signifies a shift where institutional capital seeks to maintain core holdings while gaining exposure to crypto markets without liquidating positions. While the article contrasts this institutional progress with speculative retail tokens, the core event highlights the growing utility of tokenized U.S. Treasury-backed funds in decentralized finance. The ability to use regulated, yield-bearing assets as collateral on centralized exchanges marks a maturing phase for the RWA sector. This trend underscores how traditional financial giants are increasingly treating blockchain rails as standard infrastructure for capital efficiency.

techbullion.com·Oct 1, 20267.5
Franklin Templeton (BEN) Could Be 5% Undervalued On Dividend And Tokenized Fund Expansion
U.S. Treasuries

Franklin Templeton (BEN) Could Be 5% Undervalued On Dividend And Tokenized Fund Expansion

Franklin Templeton has expanded the distribution of its Franklin OnChain U.S. Government Liquidity Fund (FOBXX) to professional digital asset investors in Asia via the HashKey Exchange. This strategic move leverages the firm's established presence in tokenized funds to capture growing demand for blockchain-based yield products. The fund, which maintains a significant portion of its assets in U.S. government securities, serves as a bridge between traditional finance and digital asset ecosystems. Despite recent short-term volatility in the company's share price, Franklin Templeton reports that its tokenized product expansion is contributing to broader assets under management growth, which currently stands at $1.83 billion. The integration of tokenized offerings into global platforms like HashKey highlights the firm's commitment to scaling its digital asset infrastructure. This development is significant for the RWA market as it demonstrates the increasing institutional appetite for regulated, on-chain financial products across international jurisdictions. By providing professional investors with access to tokenized government liquidity, Franklin Templeton continues to solidify its position as a leader in the institutional adoption of blockchain technology.

simplywall.st·Sep 4, 20267.5
Franklin Templeton Wins SEC Staff Relief for Its $721M Onchain Fund
U.S. Treasuries

Franklin Templeton Wins SEC Staff Relief for Its $721M Onchain Fund

Franklin Templeton has received SEC staff clearance to integrate its $721 million blockchain-based money market fund, the Franklin OnChain U.S. Government Money Fund (FOBXX), into its conventional mutual funds and ETFs. This development marks a significant milestone as the first U.S. regulatory relief allowing digitally native products to be held within traditional investment portfolios. The SEC staff provided this relief by setting aside specific custody provisions of the Investment Company Act of 1940, provided that Franklin Templeton adheres to twelve strict operational conditions. These conditions include annual board reviews, independent public accountant verification of holdings, and the retention of administrative control over smart contracts by Franklin Templeton Investor Services. By utilizing the Stellar blockchain, the firm aims to use these tokenized shares for cash balances and securities lending collateral. This move bridges the gap between legacy financial structures and blockchain-based assets, potentially increasing the utility of tokenized funds. The decision sets a precedent for other investment managers, as the SEC's letter explicitly names 23 additional firms that could benefit from similar arrangements.

cryptonews.net·Aug 29, 20269.5
Franklin Templeton Expands Tokenized Money Market Fund Into Asia Through HashKey
U.S. Treasuries

Franklin Templeton Expands Tokenized Money Market Fund Into Asia Through HashKey

Franklin Templeton has officially expanded its tokenized money market fund, the Franklin OnChain U.S. Government Money Fund (FOBXX), into the Asian market through a strategic partnership with HashKey Group. This expansion allows qualified investors in the region to access the fund, which is built on the Stellar blockchain, via HashKey's digital asset platform. By leveraging HashKey's regulatory compliance and infrastructure, Franklin Templeton aims to bridge the gap between traditional financial instruments and decentralized finance for Asian institutional and professional clients. The FOBXX fund, which maintains a stable net asset value of $1 per share, represents a significant milestone in the global adoption of tokenized U.S. Treasuries. This move underscores the growing demand for blockchain-based yield-bearing assets outside of North America. As major asset managers continue to integrate blockchain technology, this partnership signals a broader trend of institutionalizing RWA tokenization on a global scale. The integration provides Asian investors with a regulated, transparent, and efficient way to gain exposure to U.S. government securities through digital tokens.

mibolsillo.co·Aug 25, 20268.5
Franklin Templeton Gets SEC Relief to Bring Tokenized Funds Into Traditional Portfolios
U.S. Treasuries

Franklin Templeton Gets SEC Relief to Bring Tokenized Funds Into Traditional Portfolios

Franklin Templeton has secured regulatory relief from the U.S. Securities and Exchange Commission, enabling the integration of its tokenized investment funds into traditional brokerage portfolios. This development marks a significant shift in the accessibility of blockchain-based assets, as it allows financial advisors to incorporate the Franklin OnChain U.S. Government Money Fund (FOBXX) directly into standard client accounts. By bridging the gap between decentralized ledger technology and legacy financial infrastructure, the firm aims to streamline the operational workflow for wealth managers. The SEC's decision removes a critical friction point that previously hindered the adoption of tokenized securities within mainstream investment vehicles. This move signals a growing institutional confidence in the interoperability of RWA protocols with existing custodial frameworks. As a result, investors can now gain exposure to tokenized government debt without navigating the complexities of self-custody or specialized digital asset platforms. This milestone underscores the broader industry trend of normalizing tokenized assets as legitimate components of diversified, traditional investment strategies.

mibolsillo.co·Aug 24, 20269.0
Franklin Templeton: SEC Clears Onchain Fund Custody
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.

blockchain.news·Aug 12, 20269.0
SCRYPT Integrates Franklin Templeton’s BENJI for On-Chain Treasury
U.S. Treasuries

SCRYPT Integrates Franklin Templeton’s BENJI for On-Chain Treasury

Swiss-regulated digital asset infrastructure provider SCRYPT has integrated Franklin Templeton’s BENJI platform to manage its internal corporate treasury using tokenized money market funds. By utilizing the FOBXX fund, which records share ownership on a public blockchain, SCRYPT gains access to 24/7 intraday liquidity that traditional banking infrastructure cannot provide. This integration addresses the critical gap between the round-the-clock nature of crypto markets and the T+1 settlement constraints of conventional financial systems. By deploying this solution on its own balance sheet first, SCRYPT is testing operational resilience and regulatory compliance before potentially offering the model to its institutional clients. This move highlights a growing trend where infrastructure providers leverage tokenized real-world assets to mitigate basis risk while maintaining yield on idle cash. The integration underscores the maturity of Franklin Templeton’s BENJI as a distribution mechanism for institutional investors seeking on-chain treasury management. Ultimately, this development signals a shift toward more sophisticated, blockchain-native treasury operations within the Swiss regulatory framework.

thefintechtimes.com·Jul 18, 20267.5
Tokenized Money Market Funds could transform how companies manage cash, says Franklin Crypto CIO
U.S. Treasuries

Tokenized Money Market Funds could transform how companies manage cash, says Franklin Crypto CIO

Franklin Templeton's Crypto CIO Roger Bayston highlights the transformative potential of tokenized money market funds for corporate treasury management. By utilizing blockchain technology, these funds offer enhanced liquidity and operational efficiency compared to traditional financial instruments. The Franklin OnChain U.S. Government Money Fund (FOBXX) serves as a primary example, having already integrated blockchain rails to provide investors with transparent, real-time tracking of assets. This shift allows companies to manage cash reserves with greater precision while reducing the friction associated with legacy settlement systems. As institutional interest grows, the ability to programmatically interact with tokenized assets is becoming a critical differentiator for financial service providers. The integration of these funds into broader decentralized finance ecosystems signals a maturation of the RWA sector. Ultimately, this evolution suggests that tokenization will become a standard component of institutional capital management, bridging the gap between traditional finance and digital asset infrastructure.

coindesk.com·Jul 17, 20268.5
Franklin Templeton leads tokenized treasuries with over 100% YTD growth in its BENJI fund
U.S. Treasuries

Franklin Templeton leads tokenized treasuries with over 100% YTD growth in its BENJI fund

Franklin Templeton’s BENJI tokenized money market fund, representing the Franklin OnChain US Government Money Fund (FOBXX), has surpassed $2.5 billion in assets under management. Launched on the Stellar blockchain in 2021, the fund serves as a pioneer for US-registered mutual funds utilizing public distributed ledger technology for record-keeping. Beyond passive holdings, the fund recorded over $211 million in cumulative peer-to-peer transfer volume by March 2026, signaling active on-chain utility. The firm is aggressively expanding its ecosystem through a partnership with DigiFT for Asian market access and an integration with MoonPay Trade for institutional stablecoin swaps. Furthermore, a landmark on-chain Treasury transaction executed via Tradeweb on the Canton Network in July 2026 highlights the growing institutional adoption of blockchain for fixed-income trading. While the fund remains a small fraction of Franklin Templeton’s $1.74 trillion total assets, its rapid growth trajectory underscores the increasing viability of tokenized government debt. This expansion demonstrates a shift toward integrating traditional financial infrastructure with blockchain-based settlement systems.

cryptobriefing.com·Jul 16, 20268.5
Franklin Templeton BENJI Data Shows Stellar Still Anchors Holder Base
U.S. Treasuries

Franklin Templeton BENJI Data Shows Stellar Still Anchors Holder Base

Franklin Templeton’s BENJI suite, representing the Franklin OnChain U.S. Government Money Fund (FOBXX), has reached $1.98 billion in assets across nine different blockchains. Launched in April 2021, this initiative stands as one of the longest-running regulated tokenized fund experiments in the public blockchain market. While the fund has expanded its institutional reach to networks like Ethereum, Base, and Solana, Stellar remains the primary anchor for the project. Data indicates that 95% of the fund's 1,023 distinct holders are concentrated on the Stellar network, which continues to lead in RWA inflows. The BENJI token maintains a $1.00 NAV and provides investors with exposure to government securities, cash, and repurchase agreements. This multi-chain strategy highlights a growing trend in tokenized finance where asset value is distributed across various chains while user activity remains concentrated on specific, reliable networks. The success of the BENJI platform underscores the increasing institutional adoption of regulated, onchain money-market products.

cryptoadventure.com·Jun 30, 20268.5
Swiss Crypto Firm SCRYPT Puts Treasury on Franklin Templeton's Tokenized Money Market Fund
U.S. Treasuries

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.

cryptonews.net·Jun 26, 20268.0
Franklin Templeton and MoonPay Partner to Expand Institutional Access to Tokenized Money Market Funds
U.S. Treasuries

Franklin Templeton and MoonPay Partner to Expand Institutional Access to Tokenized Money Market Funds

Franklin Templeton has entered a strategic partnership with MoonPay to enhance institutional and individual access to the Franklin OnChain U.S. Government Money Fund (FOBXX). By integrating MoonPay’s fiat-to-crypto on-ramp infrastructure, the collaboration simplifies the process for users to invest in the fund, which operates on the Stellar and Polygon blockchains. This initiative marks a significant step in bridging traditional financial products with decentralized finance ecosystems by removing technical barriers for entry. The FOBXX fund, which maintains a stable net asset value of $1 per share, utilizes blockchain technology to manage transactions and ownership records. This partnership underscores the growing trend of major asset managers leveraging fintech providers to increase the liquidity and accessibility of tokenized real-world assets. As institutional interest in on-chain financial instruments rises, such integrations are essential for scaling the adoption of regulated investment vehicles. Ultimately, this move positions Franklin Templeton to capture a broader investor base by streamlining the user experience within the digital asset landscape.

marketscreener.com·Jun 2, 20268.0

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