BNB Chain Powers Franklin Templeton's Tokenization Expansion

Franklin Templeton has expanded its Benji Technology Platform to the BNB Chain ecosystem, marking a strategic move to enhance tokenization capabilities and broaden access to on-chain financial assets. The integration leverages BNB Chain’s scalable, low-cost infrastructure to create a new class of tokenized real-world assets (RWAs), aligning with the global RWA market’s projected growth to $30 trillion by 2030Franklin Templeton Expands Tokenization Frontiers With Benji …^[1]. The firm, managing $1.6 trillion in assets, aims to deliver institutional-grade tokenization solutions while prioritizing compliance and securityFranklin Templeton Expands Tokenization Frontiers With Benji …^[1].

The Benji platform, which already operates on blockchains like Stellar, Ethereum, and VeChain, now supports 24/7 trading and yield distribution for tokenized assets. A key example is the OnChain U.S. Government Money Fund, represented by BENJI tokens. Since its 2021 launch, the fund has amassed $742 million in assets and distributed $51 million in dividendsFranklin Templeton Expands Benji Platform to BNB Chain^[2]. The expansion to BNB Chain is expected to reduce transaction costs and improve efficiency, with BNB Chain’s network processing over 200 transactions per second and offering sub-second settlementFranklin Templeton Expands Tokenization Frontiers With Benji …^[1].

BNB Chain’s infrastructure is highlighted as a critical enabler of this expansion. Sarah Song, head of business development at BNB Chain, emphasized the ecosystem’s unique advantages: “fast settlement, low fees, and compliant data tooling”Franklin Templeton Expands Tokenization Frontiers With Benji …^[1]. The chain currently hosts $542 million in tokenized RWAs, ranking it eighth globallyFranklin Templeton Expands Tokenization Frontiers With Benji …^[1]. This adoption aligns with a broader industry shift from pilot projects to scaled deployments, as institutions seek blockchain networks capable of supporting regulated assets at scaleFranklin Templeton Expands Tokenization Frontiers With Benji …^[1].

Roger Bayston, Franklin Templeton’s head of digital assets, stated the initiative aims to “meet more investors where they’re active” while advancing tokenization’s utility for both retail and institutional clientsFranklin Templeton Expands Tokenization Frontiers With Benji …^[1]. The partnership underscores BNB Chain’s role in fostering institutional adoption, with its ecosystem attracting projects like Circle’s USYC token and recent collaborations with BinanceFranklin Templeton Expands Benji Platform to BNB Chain^[2]. However, challenges persist, including fragmented regulations and liquidity constraints. JPMorgan analysts caution that regulatory uncertainty could slow adoption, while the RWA Report notes that most tokenized assets remain concentrated in treasuries and short-term creditFranklin Templeton Expands Benji Platform to BNB Chain^[2].

The move reflects Franklin Templeton’s multi-chain strategy, which includes Solana and Ethereum, to diversify infrastructure and reduce barriers for investors. BNB Chain’s $12.5 billion stablecoin holdings and 2.27 million active addresses further position it as a hub for on-chain finance. As the RWA market matures, the success of tokenized products will depend on regulatory clarity, infrastructure reliability, and demand for non-traditional asset classes beyond safe-haven instrumentsFranklin Templeton Expands Benji Platform to BNB Chain^[2].