#benji token

➤ Franklin Templeton is integrating its BENJI tokenized money market fund with MoonPay Trade, allowing institutional users to swap between stablecoins and the tokenized fund. ➤ This partnership aims to expand BENJI's utility in onchain workflows such as treasury management, liquidity provision, and collateral. ➤ The integration signifies a strategic expansion for MoonPay beyond traditional assets and into the tokenized RWA space, with Franklin Templeton continuing to broaden BENJI's reach through various partnerships.

➤ Franklin Templeton is partnering with DigiFT to distribute its BENJI tokenized money market fund in Asia to accredited and institutional investors. ➤ DigiFT, a licensed entity in Singapore, will act as a distribution partner for the BENJI token, which Franklin Templeton has already launched in multiple global jurisdictions. ➤ The tokenized fund offers intraday yield calculation and 24/7 transferability with near-instant on-chain settlement, positioning it for treasury management and off-exchange collateral.

➤ Kraken's parent company, Payward, is partnering with Franklin Templeton to integrate Franklin's BENJI tokenized money market fund into Kraken's platform for collateral and cash management. ➤ This collaboration aims to allow clients to earn yield on idle dollars on-chain and will leverage Payward's xStocks framework for new actively managed on-chain products. ➤ The partnership signifies Franklin Templeton's deepening commitment to blockchain distribution as a core business, positioning it competitively against other major asset managers in the tokenization race.