Franklin Templeton is linking its tokenized money market business with MoonPay, giving eligible institutions a cleaner way to move stablecoin balances into yield-bearing fund exposure without stepping off-chain.
The integration links Franklin Templeton’s Benji Technology Platform with MoonPay Trade, giving eligible investors a way to move supported stablecoins into shares of the firm’s tokenized money market fund and back through blockchain-based workflows. The setup is aimed at institutions that want cash-like ******* ets to stay liquid while still earning yield beyond traditional market hours.
The deal extends Franklin Templeton’s long-running push to make regulated funds usable inside digital-asset markets. It's Franklin OnChain U.S. Government Money Fund, represented by the BENJI token, launched in 2021 as the first U.S.-registered mutual fund to use a public blockchain as its official recordkeeping system. The broader BENJI suite reached $1.98 billion in ******* ets as of late April, according to the firm.
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The integration links Franklin Templeton’s Benji Technology Platform with MoonPay Trade, giving eligible investors a way to move supported stablecoins into shares of the firm’s tokenized money market fund and back through blockchain-based workflows. The setup is aimed at institutions that want cash-like ******* ets to stay liquid while still earning yield beyond traditional market hours.
The deal extends Franklin Templeton’s long-running push to make regulated funds usable inside digital-asset markets. It's Franklin OnChain U.S. Government Money Fund, represented by the BENJI token, launched in 2021 as the first U.S.-registered mutual fund to use a public blockchain as its official recordkeeping system. The broader BENJI suite reached $1.98 billion in ******* ets as of late April, according to the firm.
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