Franklin Templeton & Anchorage Digital Supercharge BENJI Token Adoption in Landmark Crypto Move

Wall Street meets blockchain—again. Franklin Templeton doubles down on tokenization by expanding BENJI support through Anchorage Digital’s institutional-grade custody. Because nothing says 'trust' like a 169-year-old asset manager diving headfirst into DeFi.

Why it matters: Traditional finance keeps dipping its toes—and wallets—into crypto. This collab signals growing institutional appetite for yield-bearing tokens, even if they’re still figuring out what 'self-custody' means.

The punchline: Another brick in the walled garden of 'regulated' crypto. BENJI’s yield might be real, but let’s see how long until the SEC starts asking questions.

BENJI Adoption Broadens Access to Tokenized Treasuries

Each BENJI token equals one share in the fund. Through the Benji Investments app, users can convert USDC to buy shares. Additionally, they can transfer them peer-to-peer over blockchain rails. With this, there is more flexibility over traditional money market products, giving BENJI a distinct advantage. 

Additionally, Franklin Templeton is considering features like share collateralization and secondary market trading. These initiatives aim to provide blockchain ecosystems with institutional-grade liquidity.

Anchorage provides regulated custody, settlement, and staking services. By integrating BENJI, it enables secure fund access for institutions. 

Blockchain capital markets get a bit more concrete because of this petty partnership. Franklin Templeton, with $420 million in assets under management, could well see its BENJI token turn the money market funds upside down in a digitally enabled economy.

Also Read: Grayscale Reshapes Leadership to Strengthen crypto Investment Push