Global asset manager Franklin Templeton has extended its blockchain-based Benji Technology Platform to BNB Chain, the company announced Wednesday, marking the latest move by a major financial institution into tokenised investment products.
The $1.6 trillion investment firm said the integration is intended to broaden access to tokenised real-world assets for both institutional and retail investors. Franklin Templeton already operates tokenised products across several public blockchains, including Ethereum, Stellar, Arbitrum, and Solana.
Expansion of Tokenised Assets
The Benji Technology Platform underpins the Franklin OnChain U.S. Government Money Fund, known by its ticker BENJI. The fund, which tokenises U.S. Treasuries, currently has about $732 million in on-chain assets, according to data provider RWAxyz.
That places it as the third-largest tokenised U.S. Treasury fund, behind BlackRock’s USD Institutional Digital Liquidity Fund, which has more than $2.1 billion on-chain. Stellar remains the largest network for BENJI, holding roughly $467 million of its total value. By expanding to BNB Chain, Franklin Templeton aims to reach a wider base of investors while maintaining compliance and security standards, the company said.
“Our goal is to meet more investors where they’re active, while continuing to push the boundaries of what tokenisation can deliver with security and compliance at the forefront,” said Roger Bayston, Franklin Templeton’s head of digital assets, in a statement.
Industry Context
The expansion comes as traditional asset managers increasingly use public blockchains to scale tokenised financial products. The market for tokenised real-world assets has grown significantly in 2025, surpassing $30 billion in value earlier this month—nearly double the figure recorded in January.
The growth reflects rising demand for tokenised Treasuries and other investment products as institutions and individuals look for blockchain-based alternatives that promise faster settlement and broader accessibility. BNB Chain, operated by Binance-affiliated developers, has emerged as one of the largest public blockchains by user activity, offering Franklin Templeton a potential gateway to millions of retail investors worldwide.
Outlook
Franklin Templeton’s move adds momentum to a sector that has drawn increasing attention from global financial firms. With multiple blockchains now supporting its tokenised fund, the company is positioned among the leading players in the effort to bridge traditional finance and blockchain technology.
Whether the broader adoption of tokenised assets can sustain its rapid growth remains uncertain, but for now, the entry of established firms like Franklin Templeton signals continued institutional interest in blockchain-enabled markets.
