The BENJI token, issued by Franklin Templeton through its Benji platform, represents the world's first US-registered (SEC-approved) tokenized money market fund (MMF) share. The fund's official name is Franklin OnChain U.S. Government Money Fund (FOBXX) – launched in 2021, and it's the first regulated mutual fund to record and hold ownership of transactions using blockchain technology. 👉 1 BENJI = 1 FOBXX share. The fund's NAV (Net Asset Value) aims for a stable $1.00 (stablecoin-like price stability). ✨ The Benji platform supports multiple chains (multi-chain): Stellar (largest share ~63%) Ethereum, Polygon, Avalanche, Arbitrum, Base, Solana, Aptos, BNB Chain, etc. This enables transfers, funding with USDC, and P2P transfers. ✨BENJI is one of the most robust examples of tokenized RWAs – growing with low risk, stable return, and institutional integration. A true bridge connecting TradFi with crypto. #FranklinAdvancesTokenizedMMFs
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BENJI Token
The BENJI token, issued by Franklin Templeton through its Benji platform, represents the world's first US-registered (SEC-approved) tokenized money market fund (MMF) share. The fund's official name is Franklin OnChain U.S. Government Money Fund (FOBXX) – launched in 2021, and it's the first regulated mutual fund to record and hold ownership of transactions using blockchain technology.
👉 1 BENJI = 1 FOBXX share. The fund's NAV (Net Asset Value) aims for a stable $1.00 (stablecoin-like price stability).
✨ The Benji platform supports multiple chains (multi-chain):
Stellar (largest share ~63%)
Ethereum, Polygon, Avalanche, Arbitrum, Base, Solana, Aptos, BNB Chain, etc.
This enables transfers, funding with USDC, and P2P transfers.
✨BENJI is one of the most robust examples of tokenized RWAs – growing with low risk, stable return, and institutional integration. A true bridge connecting TradFi with crypto.
#FranklinAdvancesTokenizedMMFs