BNB Chain has become the largest blockchain for assets tracked within Franklin Templeton’s Benji tokenization platform, with around $1.5 billion registered on the network.
summary
- BNB Chain now hosts $1.5 billion worth of Franklin Templeton Benji platform assets, and leads all networks.
- RWA.xyz data shows that BNB Chain holds 61.71%, while Stellar has fallen to second place overall.
- Franklin Templeton continues to expand token finance through Kraken, MoonPay, Binance, and several public blockchains globally.
This number represents 61.71% of the value of the platform’s distributed assets, according to RWA.xyz data Cited by BNB Chain.
This achievement represents a sharp change in the platform’s network distribution. BNB Chain holdings have risen by 1,226% over the past month, ahead of Stellar, which previously held the largest share. The data refers to the broader Benji platform and not just the BENJI standalone tokenized money market fund.
BNB Chain takes the lion’s share of Benji’s assets
RWA.xyz lists Franklin Templeton’s Benji platform with approximately $2.44 billion in distributed assets as of July 18. The BNB chain represents approximately $1.5 billion of this total. It is followed by Stellar with about $573.4 million, while Ethereum has about $159.1 million.
Base, Arbitrum, Avalanche, Polygon, and Aptos contain smaller amounts. This shift follows Franklin Templeton’s decision to bring its Benji Technology platform to BNB Chain in 2025. The integration has allowed the asset manager to use BNB Chain for transactions and ownership records associated with tokenized financial products.
RWA.xyz separately lists BENJI’s assets at approximately $734.3 million, explaining why the platform and fund numbers are not treated as identical. The broader platform includes several token products, while BENJI represents one share of the US government’s Franklin OnChain fund for investors.
Stellar remains pivotal in the history of Franklin Templeton coding
Franklin Templeton launched a blockchain-based money market fund on Stellar in 2021. The product became an early example of a US-registered mutual fund that used public blockchain technology to process transactions and maintain records of stock ownership.
ALLINCRYPTO crypto analyzer He said Stellar provided the early foundation before Franklin Templeton expanded its tokenization strategy across more networks. However, current RWA.xyz data shows that the BNB chain now holds the largest share of assets tracked across the broader Benji platform. The data does not show how much of the recent increase came from new issuances compared to assets transferred between networks.
Franklin Templeton expands BENJI’s reach across cryptocurrency platforms
Franklin Templeton has also expanded the use of its premium products through major cryptocurrency companies. As reported by crypto.news, the company He added BENJI joined MoonPay Trade in June, allowing qualified institutional clients to move between stablecoins and tokenized fund products through the onchain trading system.
The asset manager has also partnered with Kraken’s parent company Payward to integrate BENJI as a collateral and cash management tool. like I mentioned By crypto.news The partnership also covers plans to develop more token investment products. separate Franklin Templeton and Binance rankings Eligible institutions are permitted to use tokenized money market fund shares as over-the-counter collateral.
Token finance is gaining wider institutional distribution
Franklin Templeton’s multi-chain strategy comes at a time when more traditional financial companies are using public blockchains to distribute regulated investment products. The company has expanded its coding business across several networks while developing new products and distribution partnerships.
As reported by crypto.news, Franklin Templeton has also worked with Ondo Finance Tokenized ETFs Designed for 24/7 wallet-based trading outside the US. The latest BNB blockchain data shows how quickly blockchain distribution can change as issuers add new networks and institutional access points.
Currently, BNB Chain leads Franklin Templeton’s broader Benji platform in terms of distributed value, while Stellar remains the network on which the company initiated its public blockchain fund strategy.
