Data from RWA.xyz reveals that BNB Chain currently accounts for 61.71% of the $2.44 billion in distributed assets managed through the Benji platform. Stellar, which served as the exclusive foundation for Franklin Templeton’s initial foray into tokenized money market funds in 2021, now sits in second place with approximately $573.4 million. Ethereum follows with $159.1 million, while smaller portions are distributed across Base, Arbitrum, Avalanche, Polygon, and Aptos.
The rapid migration to BNB Chain follows a strategic integration completed in 2025, allowing the asset manager to utilize the network for transaction processing and ownership records. While this expansion highlights the scalability of tokenized finance, analysts note that the figures reflect a broader multi-chain strategy rather than a simple abandonment of legacy partners. Beyond network infrastructure, Franklin Templeton has actively integrated its products into the wider crypto ecosystem through partnerships with MoonPay, Kraken, and Binance, enabling institutional clients to utilize tokenized shares as collateral and cash management tools.

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