Franklin Templeton has expanded its $1.5 billion BENJI tokenized cash market fund to $BNB Chain, extending one of many world’s largest tokenized funding merchandise to a different public blockchain. Crypto analyst ALLINCRYPTO mentioned Stellar laid the inspiration for the fund earlier than Franklin Templeton expanded BENJI right into a multi-chain product.
Franklin Templeton’s $1.5B BENJI fund is increasing to $BNB Chain@StellarOrg will stay as the inspiration that proved the mannequin, however BENJI is popping right into a multi-chain large.
It simply reveals tokenised finance is scaling quick and $XLM helped paved the way. 🔥 pic.twitter.com/E1XyQE88Zp
— ALLINCRYPTO (@RealAllinCrypto) July 18, 2026
In a publish on X, $BNB Chain cited information from RWA.xyz exhibiting that about $1.5 billion of BENJI property at the moment are on its community, representing 61.71% of the fund’s whole worth. Holdings on the blockchain have jumped 1,226% over the previous month, making it the fund’s largest community.
$BNB Chain Takes the Lead
$BNB Chain’s speedy progress has reshaped the BENJI fund’s blockchain distribution. Stellar, which beforehand held the most important share of the fund, now ranks second with $583 million in tokenized property, representing 23.76% of the entire, in response to RWA.xyz. The community’s holdings fell 11.81% over the previous month as extra property shifted to $BNB Chain.
Coming third is Ethereum with its allocation amounting to $159.1 million, which quantities to six.48% of the worth of BENJI property. That is adopted by Base, Arbitrum, and Avalanche, which have considerably decrease allocations. Collectively, these three kind lower than 6% of BENJI’s whole asset values.
Tokenized Belongings Acquire Institutional Momentum
Franklin Templeton has been increasing its use of blockchain know-how since 2021, when it launched the primary U.S.-registered mutual fund to make use of blockchain for processing transactions and recording possession. The agency has since prolonged the BENJI platform throughout a number of blockchains, supporting tokenized cash market funds, mutual funds, and different funding merchandise.
The transfer to $BNB Chain provides one other community to that technique, increasing investor entry by way of one other blockchain community that provides decrease transaction prices and quicker transaction processing.. “Our objective is to satisfy extra traders the place they’re lively,” Roger Bayston, Franklin Templeton’s head of digital property, mentioned.
Conventional Finance Strikes Onchain
Franklin Templeton’s enlargement comes as tokenization continues to achieve floor in conventional finance. Earlier this week, DTCC accomplished its first reside manufacturing trades involving tokenized securities, one other signal that main monetary establishments are transferring blockchain know-how past pilot tasks.
As extra corporations undertake tokenized variations of conventional property, blockchain networks are more and more competing to host regulated monetary merchandise. ranklin Templeton’s enlargement displays the broader push by asset managers to carry conventional monetary merchandise onto public blockchain networks.
