BNB Chain Becomes Largest Network for Franklin Templeton’s $1.5B BENJI Fund

• BNB Chain now hosts 61.71% of Franklin Templeton’s $1.5B BENJI fund after rapid monthly growth.
• Stellar’s share of the BENJI fund fell as Franklin Templeton expanded the tokenized product across blockchains.
• Franklin Templeton’s latest expansion highlights growing institutional adoption of tokenized investment products.

Franklin Templeton has expanded its $1.5 billion BENJI tokenized money market fund to BNB Chain, extending one of the world’s largest tokenized investment products to another public blockchain. Crypto analyst ALLINCRYPTO said Stellar laid the foundation for the fund before Franklin Templeton expanded BENJI into a multi-chain product.

Franklin Templeton’s $1.5B BENJI fund is expanding to BNB Chain@StellarOrg will remain as the foundation that proved the model, but BENJI is turning into a multi-chain giant.

It just shows tokenised finance is scaling…

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