Loading article…
Franklin Templeton partners with MoonPay to let eligible institutional investors swap stablecoins for tokenized money‑market fund shares on‑chain, expanding
Franklin Templeton, the $1.7 trillion asset manager, has teamed up with crypto‑payments firm MoonPay to give institutional investors a direct on‑chain route between stablecoins and its tokenized money‑market fund, BENJI [1]. The integration ties Franklin’s proprietary Benji Technology Platform to MoonPay Trade, the latter’s institutional execution and routing engine.
Key takeaways
The collaboration was announced on June 2, 2026, and is described in a joint Business Wire statement as the first step toward a broader strategic relationship [3]. By linking Franklin’s Benji Technology Platform—its blockchain record‑keeping and transfer‑agency stack—with MoonPay Trade, the firms create a “trusted gateway” for institutions to move between stablecoin liquidity and tokenized fund exposure [3]. MoonPay Trade, launched in late May, aggregates capabilities from recent acquisitions (Decent, DFlow and Sodot) to support trades across more than 200 blockchains [3].
BENJI represents one share of Franklin’s OnChain US Government Money Fund (FOBXX), the first U.S.‑registered mutual fund to use a public blockchain as its system of record. The token now lives on multiple public chains with a total asset value of about $821 million, according to RWA.xyz [3]. While smaller than competing tokenized treasury products such as BlackRock’s BUIDL, BENJI remains the only U.S.‑registered mutual‑fund token in that tier [3].
The integration reflects a growing push by traditional asset managers to embed tokenized products within the digital‑asset ecosystem. For institutions, the ability to earn yield on idle stablecoins around the clock—rather than being limited to the trading hours of conventional money‑market funds—offers a new lever for liquidity management and collateral optimization [2]. Franklin’s digital‑asset team sees 2026 as a pivotal year for the convergence of stablecoins, tokenized funds and broader blockchain assets [2].
Looking ahead, both firms suggest the partnership will serve as a foundation for further expansion of tokenized finance, potentially widening access to other tokenized investment products and deepening on‑chain infrastructure for institutional markets [1][4]. The rollout remains limited to “eligible institutional users” who meet KYC and accreditation standards, with retail holders of BENJI continuing to use Franklin’s own Benji Investments app [3].
Coverage is mostly measured — 8 of 8 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
Benji is Franklin Templeton’s proprietary blockchain-enabled recordkeeping and transfer agency infrastructure used to support tokenized investment products.
The Canton Network is a blockchain-based platform designed for financial institutions to tokenize and settle traditional securities while maintaining data privacy.
Stablecoins are being integrated into institutional workflows to provide liquidity and funding for the trading and settlement of tokenized assets.
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Jun 11, 2026 · How we report
Institutions including Goldman Sachs, BNY Mellon, BNP Paribas, Standard Chartered, Société Générale, and Deutsche Börse have piloted the network.