Franklin Templeton’s Benji Platform Expands to Canton Network for Institutional Tokenized Assets

Franklin Templeton has integrated its Benji Technology Platform onto the Canton Blockchain, marking a significant expansion in institutional access to tokenized investment products. The MOVE connects the firm's proprietary blockchain infrastructure to Canton's Global Collateral Network, unlocking new liquidity sources for market participants.

The firm pioneered tokenized mutual funds in 2021 with the first U.S.-registered fund using blockchain technology. Since then, it has broadened its offerings to cater to retail, wealth management, and institutional clients globally through the Benji platform.

Canton's network now emerges as a hub for regulated tokenized financial instruments, addressing institutional demands for privacy and compliance. Market makers and institutions can leverage Franklin Templeton's tokenized products as collateral within Canton's ecosystem.

"Our bottom line is to meet institutions where they are, and just as importantly, where they're headed," said Roger Bayston, head of digital assets at Franklin Templeton.