Franklin Templeton's Tokenized Fund Enters Peer-to-Peer Transfer Era

Friday, 26 April 2024, 07:05
Franklin Templeton's BENJI token, a blockchain-based US government money fund, introduces peer-to-peer transfers, marking a significant development in traditional finance and blockchain integration. The proprietary BENJI token operates on Stellar (XLM) and Polygon (MATIC) blockchains, enabling seamless share transfers and ownership records on the public blockchain. Industry leaders praise Franklin Templeton's innovative approach, with the fund holding a leading market position in tokenized treasuries.
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Franklin Templeton's Tokenized Fund Enters Peer-to-Peer Transfer Era

Franklin Templeton's Tokenized Fund: A Blockchain Milestone

Franklin Templeton's BENJI token, representing the US government money fund, introduces peer-to-peer transfers, revolutionizing traditional finance with blockchain integration.

Industry Recognition for Franklin Templeton

  • Roger Bayston, Head of Digital Assets: Excited about blockchain capabilities for share transfers
  • Sandeep Nailwal, Polygon Founder: Acknowledges importance of tokenized shares innovation

The Franklin OnChain US Government Money Fund, with BENJI tokens on Stellar and Polygon blockchains, offers stability and yield to investors, positioning itself as a digital asset ecosystem leader.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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