Franklin Templeton, the world’s investment power managing $ 1.6 billion of dollars in assets, extends its Benji owner technological platform to the ecosystem of the BNB chain.
This decision amplifies the expertise of Benji’s institutional tokenization by taking advantage of the technological forces of the BNB chain, including its low -cost scalable infrastructure and its high transaction debit, to create a new class of chain financial assets.
“Our goal is to meet more investors where they are active, while continuing to push the limits of what tokenization can offer with safety and compliance in the foreground,” said Roger Bayston, manager of digital assets at Franklin Templeton, in a press release shared with Coindesk.
“Together, Franklin Templeton and the BNB chain will endeavor to deliver tokenized assets with greater utility and improved features for retail and institutional customers around the world,” said Bayston.
The Benji Templeton Benji Technological Platform is an integrated battery designed to facilitate trade and management 24/7 of tokenized assets and the distribution of yields, as demonstrated by the Benji token of the US ONCHAIN Government Fund. Over the years, the platform has developed on several blockchains, notably Stellar, Ethereum and Vechain.
According to Sarah Song, business development manager at the BNB channel, Benji’s expansion to the BNB channel stands out because the chain offers an environment specially designed for tokenization.
“The BNB channel has an environment specially designed that issuers cannot find elsewhere: fast regulations, low costs and conforming data tools in an ecosystem,” said Sarah Song, business development manager at BNB Chain.
“For an institution like Franklin Templeton, it is not only a question of technology, it is a question of associating with a chain which already demonstrates real liquidity and adoption on a large scale,” said Song.
At the time of writing, the total value of the active world tokenized on the BNB channel was more than $ 542 million, making it the eighth largest in the world, according to the BNB -based tracker. The global RWA market has multiplied by three years and is expected to reach 30 dollars by 2030.
“The institutional adoption of the tokenization goes from pilot projects to a deployment on a scale. The first question was whether the regulated assets could exist in the chain; today, the accent is placed on the networks of the BNB chain networks that tokenization is no longer a theory but an operational reality – and the BNB chain is one of the parties.
