Franklin Templeton Partners with Anchorage Digital, BENJI Token Officially Coming?

Jakarta, Pintu News – Franklin Templeton has taken a significant step in the world of digital finance by expanding support for its BENJI token. The token, which represents shares in the Franklin OnChain U.S. Government Money Fund (FOBXX), is now backed by Anchorage Digital Bank.

This is an important step as FOBXX is the first and only US-listed money market fund to adopt blockchain as its primary record-keeping system. Anchorage Digital, through its platform, has confirmed this support and highlighted the importance of the cooperation with Franklin Templeton.

With this support, institutions and investors now have more secure and organized access to these funds, potentially changing the way money market funds operate in the digital economy.

Expansion and Technology Support

With the support of Anchorage Digital, BENJI tokens now gain additional legitimacy and security in digital transactions. Anchorage provides regulated custodian, settlement, and staking services, which are essential for the security of digital assets.

This integration allows for more secure and organized access for institutions to invest in these funds. In addition, Franklin Templeton is not just stopping at Ethereum and Stellar , but is also exploring Aptos as the next chain.

Last year, the fund was extended to Avalanche , demonstrating Franklin Templeton’s ambitious multi-chain vision. This shows their commitment to adapting and integrating blockchain technology in their financial products.

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Advantages of Tokenization

Each BENJI token is equivalent to one share in the fund. Through the Benji Investments app, users can convert Tether to buy shares. They can also transfer those shares between users via the blockchain.

This provides greater flexibility over traditional money market products, giving BENJI a clear advantage. Franklin Templeton is also considering features such as stock collateralization and secondary market trading.

These initiatives aim to provide institutional-grade liquidity for the blockchain ecosystem. Thus, tokenization not only facilitates transactions, but also opens up new opportunities in liquidity and investment security.

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Impact on Blockchain Capital Markets

The partnership between Franklin Templeton and Anchorage Digital marks an important step in the concretization of blockchain capital markets. With $420 million in assets under management, BENJI has the potential to transform money market funds in a way that is unprecedented in the digitally-powered economy.

With institutional backing and advanced technology, BENJI not only offers a safe alternative for investment, but also introduces a new era in financial transparency and efficiency. It could be a turning point in the way funds are operated and invested, bringing more innovation and trust into the global financial market.

Conclusion

The expansion and integration of the BENJI token by Franklin Templeton and Anchorage Digital shows a promising future for asset tokenization in finance. With blockchain technology, capital markets are not only becoming more efficient but also more open and secure. This is a significant step forward in the evolution of digital finance.

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Reference

• Crypto Times. Franklin Templeton Expands Benji Token Support with Anchorage Digital. Accessed on August 6, 2025
• Cryptoslate