Franklin Templeton has deployed its Benji tokenized investment products on BNB Chain, according to an announcement on the BNB Chain blog. The deployment adds another blockchain to Benji's multi-chain footprint, which now spans eight networks.
Benji is Franklin Templeton's platform for issuing tokenized versions of its funds and money market products. As of April 2026, the Benji ecosystem held $1.98 billion in total assets under management across all blockchains where it operates. Franklin Templeton is now distributing tokenized products across multiple blockchain infrastructures rather than concentrate on a single network.
BNB Chain is the blockchain behind Binance's ecosystem. The network processes billions in daily transaction volume and hosts numerous decentralized finance protocols and tokenization projects. Franklin Templeton's presence on the chain provides institutional investors with access to its regulated funds through a blockchain operated by one of crypto's largest platforms.
Franklin Templeton launched Benji in 2024 with deployments on multiple blockchains including Ethereum, Polygon and Solana. Each deployment operates independently but under the same regulatory and operational framework.
The firm has used Benji to issue tokenized versions of its money market funds, which invest in short-term debt instruments. Tokenized money market funds allow faster settlement and 24/7 trading compared to traditional fund infrastructure.
