BNB Chain Becomes Largest Network for Franklin Templeton’s $1.5B BENJI Fund
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Franklin Templeton expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, which now hosts 61.71% of the fund after rapid monthly growth, marking a major tokenized finance milestone. The move reduced Stellar's share as BENJI becomes a multi-chain product, signaling growing institutional adoption of tokenized investment products and deeper crypto/DeFi integration.
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- BNB Chain now hosts 61.71% of Franklin Templeton’s $1.5B BENJI fund after rapid monthly growth.
- Stellar’s share of the BENJI fund fell as Franklin Templeton expanded the tokenized product across blockchains.
- Franklin Templeton’s latest expansion highlights growing institutional adoption of tokenized investment products.
Franklin Templeton has expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, extending one of the world’s largest tokenized investment products to another public blockchain. Crypto analyst ALLINCRYPTO said Stellar laid the foundation for the fund before Franklin Templeton expanded BENJI into a multi-chain product.
Read The Full Article BNB Chain Becomes Largest Network for Franklin Templeton’s $1.5B BENJI Fund On Coin Edition.
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