# Franklin Templeton expands Benji token platform to Canton Network

**Published:** 2026-06-11T21:06:46.957Z  
**Topic:** Franklin Templeton, BNP Paribas see tokenization boosting EU's capital efficiency  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/188961a1-27cc-4815-9df5-003ba9338278

Franklin Templeton links its Benji tokenization platform to the Canton Network, enabling on‑chain money‑market funds to serve as collateral in regulated

Franklin Templeton’s proprietary Benji Technology Platform has been integrated with the Canton Network, extending its tokenized investment products to a blockchain built for institutional finance [2]. The move allows the firm’s on‑chain U.S. government money‑market fund to be used as collateral within Canton’s Global Collateral Network [3].

**Key takeaways**
- The Benji platform, launched by Franklin Templeton in 2021, now runs on the Canton blockchain [2].  
- Tokenized assets from Benji, including a U.S. government money‑market fund, can be mobilized as collateral on Canton’s Global Collateral Network [3].  
- The integration follows a strategic partnership with DigiFT, which will distribute Benji‑linked tokenized products across Asia [1].  
- Institutional tokenized assets grew from $5.5 billion to $18.6 billion in 2025, highlighting rapid market expansion [1].  
- Major banks such as HSBC and BNP Paribas back the Canton network, underscoring its institutional focus [3].

## Benji platform joins Canton’s permissionless blockchain

Franklin Templeton’s Benji Technology Platform, described as a “blockchain‑integrated stack” for administering token‑based investments, was originally used to launch the world’s first U.S.–registered mutual fund on a public blockchain in 2021 [2]. The latest integration places Benji on Canton’s permissionless, privacy‑preserving blockchain, which is designed specifically for regulated financial institutions [2]. According to Franklin Templeton’s Head of Digital Assets, the partnership “delivers a private blockchain option alongside the interoperability clients expect, without compromising on the transparency and security that define our approach” [2].

Canton’s Global Collateral Network connects banks, market makers and asset managers, enabling tokenized assets to be used for collateral and settlement [3]. Participants such as QCP plan to leverage Benji’s tokenized money‑market fund as a new source of liquidity, expanding the range of regulated on‑chain instruments available to institutional clients [2][3]. The network’s backing by major financial institutions, including HSBC and BNP Paribas, and a recent $135 million funding round for its developer Digital Asset, reinforce its role as a hub for institutional tokenization [3].

## Strategic partnership with DigiFT amplifies distribution

The Benji‑Canton integration builds on a broader strategic partnership announced earlier in 2026 between Franklin Templeton and DigiFT, a regulated digital‑asset exchange authorized by the Monetary Authority of Singapore [1]. DigiFT will act as a key distributor of Benji’s tokenized products across Asia, leveraging its licences in Singapore and Hong Kong to reach accredited and institutional investors [1]. The partnership was timed amid rapid growth in tokenized real‑world assets, which rose to $18.6 billion in 2025, driven largely by tokenized U.S. government securities [1].

Both firms emphasize a long‑term collaboration aimed at expanding tokenized solutions, with Franklin Templeton’s “Intraday Yield” mechanism promising continuous yield accrual and near‑instant on‑chain settlement for its tokenized securities [1]. By combining DigiFT’s regulatory infrastructure with Canton’s blockchain capabilities, the alliance seeks to address inefficiencies where institutional capital is often held in non‑yielding stablecoins or constrained by traditional settlement cycles [1].

## Why it matters

The integration of Franklin Templeton’s Benji platform into the Canton Network marks a significant step toward mainstream institutional adoption of blockchain‑based tokenized assets. By enabling regulated money‑market funds to serve as collateral on a permissionless, privacy‑focused blockchain, the move bridges traditional finance and digital asset markets, offering institutions faster settlement, continuous yield, and new liquidity options. As tokenized real‑world assets continue to expand—driven by regulatory clarity and growing interest from major banks—the partnership with DigiFT and the Canton network positions Franklin Templeton to capture a larger share of this emerging market while providing a compliant pathway for institutional investors to access on‑chain financial products.

## Sources
1. USA Today — [Franklin Templeton and DigiFT Advance Institutional Tokenization Through Strategic BENJI Partnership](https://www.usatoday.com/press-release/story/32937/franklin-templeton-and-digift-advance-institutional-tokenization-through-strategic-benji-partnership/)
2. Canton — [Franklin Templeton’s Benji Technology Platform Expands to Canton Network](https://www.canton.network/canton-network-press-releases/franklin-templetons-benji-technology-platform-expands-to-canton-network)
3. CoinMarketCap — [Franklin Templeton Links Benji Platform to Canton Network | CoinMarketCap](https://coinmarketcap.com/academy/article/franklin-templeton-links-benji-platform-to-canton-network)

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Cite as: TrendWatcher, "Franklin Templeton expands Benji token platform to Canton Network", https://www.trendwatcher.in/article/188961a1-27cc-4815-9df5-003ba9338278
