Franklin Templeton, a US financial giant that manages $1.6 billion in assets, is expanding its Benji platform to BNB Smart Chain, a network created by Binance.
Benji is a technical platform Encourages management and negotiation of tokenized assets 24/7includes the distribution of yields through token Benji for the Ochain Fund US Government Money Fund (FOBXX).
Each background action is represented by Benji Token, part of Franklin Templeton’s patent registration system. It is directly integrated into several networks such as Stellar, Ethereum, and Vechain to ensure transparency and traceability in all transactions.
BNB Smart Chain, Franklin Templeton integration Looking to expand access to tokenized productsboth institutional investors and retailers.
The announcement comes two weeks after Binance and Franklin Templeton formalized the alliance. As Cryptootics reports, the association’s aim is to develop new investment products that provide ‘access to agile liquidation, clear prices and competitive yields’ for a wide range of investors.
The initiative promises to combine traditional finances with the benefits offered by cryptocurrency networks such as speed and low committees.
Franklin Templeton landed in the Real World Asset Tokenization Sector (RWA) in 2022. The FOBXX Fund is in your handsIt ranks third in the tokenized treasure bond market.
