Overview
- Franklin Templeton integrated its Benji Technology Platform with the Canton Network, linking its tokenized funds to Canton’s Global Collateral Network.
- The connection enables banks, market makers, and trading firms active on Canton to access Franklin Templeton vehicles for liquidity and collateral.
- Benji supports real-time transfers between approved wallets, enforces protocol-level compliance, and allows settlement in stablecoins or cash equivalents.
- The platform builds on Franklin Templeton’s 2021 launch of the SEC-registered Franklin OnChain U.S. Government Money Fund (FOBXX) and has about $844 million in distributed asset value reported by RWA.xyz.
- Canton describes a public-permissioned design with a Global Synchronizer for privacy-preserving settlement and self-reports more than $6 trillion in tokenized Treasury activity and $280 billion in daily repo, with QCP planning to participate.