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Franklin Resources, Inc. (BEN) Announces Strategic Partnership with Binance to Create Digital Asset Projects
Yahoo Finance· 2025-10-01 23:09
Group 1 - Franklin Resources, Inc. (NYSE:BEN) has shown significant revenue and dividend growth, making it one of the 20 Best Stocks to Buy and Hold for a Lifetime [1] - The company announced a strategic partnership with Binance on September 25, 2025, to create digital asset projects, leveraging Binance's trading infrastructure and Franklin Templeton's compliance expertise [2] - This partnership aims to bridge traditional and decentralized finance, enhancing settlement, collateral management, and portfolio construction efficiency [2][3] Group 2 - Franklin Resources, Inc. previously collaborated with Actis, DigitalBridge, and Copenhagen Infrastructure Partners to improve private wealth solutions, particularly in private infrastructure investments [3] - These initiatives are part of Franklin Resources' strategy to increase access to digital assets and alternative investments, positioning the company at the forefront of financial technology integration [3] - The company provides investment services to various clients, including partnerships, pension plans, individuals, and institutions, reinforcing its status as a leading asset management firm [4]
Franklin Templeton Expands Benji Platform to BNB Chain
Yahoo Finance· 2025-09-24 17:32
Core Insights - Franklin Templeton is expanding its Benji Technology Platform to BNB Chain, enhancing its presence in on-chain finance [1][3] - The Benji platform supports the Franklin OnChain US Government Money Fund (FOBXX), which has achieved $742 million in assets and distributed over $51 million in dividends [2][6] - The integration with BNB Chain aims to reduce transaction costs and improve accessibility for both institutional and retail investors [3][4] Group 1 - The Benji platform allows for daily subscriptions, peer-to-peer transfers, and real-time net asset values, with each share represented as one BENJI token [2] - BNB Chain is recognized for its low fees and high transaction speed, processing over 200 transactions per second [3][4] - The move is part of a broader trend where institutional interest in tokenized assets is growing, with a reported 224% increase in tokenized assets since early 2024 [6][7] Group 2 - Franklin Templeton's partnership with Binance and other integrations indicate a strategic push into digital asset projects [5] - The macroeconomic environment is driving demand for innovative asset management solutions, with tokenized assets offering transparency and efficiency [7] - The success of these initiatives will depend on regulatory clarity and infrastructure reliability, as well as investor interest beyond traditional safe-haven assets [8]
Franklin Templeton Taps BNB Chain for BENJI Expansion After Binance Team-Up
Yahoo Finance· 2025-09-24 15:18
Core Insights - Franklin Templeton is expanding its tokenization platform to BNB Chain, leveraging its low-cost and compliance-ready infrastructure to enhance product availability [1] - The OnChain U.S. Government Money Fund, administered through the Benji Technology Platform, has grown to $732 million since its launch in 2021, with 938 holders across multiple blockchains [2] - Franklin Templeton and Binance are collaborating on new digital asset products aimed at a diverse range of investors, with further details expected later this year [3] Industry Context - BNB Chain, launched in 2020, serves as a layer-1 network and has become a significant player in the crypto space, hosting $12.5 billion worth of stablecoins and 2.27 million active addresses [4] - The price of BNB has increased by 58% over the past year, reaching an all-time high of $1,079, indicating strong market performance and renewed interest in the network [5]
X @BNB Chain
BNB Chain· 2025-09-24 13:35
https://t.co/JNvmum9XQSBNB Chain (@BNBCHAIN):RWAs are finding their home on BNB Chain.@FTDA_US is expanding its Benji Technology Platform, backed by $1.6T AUM, into our ecosystem.Tokenized finance isn’t the future. It’s happening now, on BNB Chain 🧵👇 https://t.co/mS6eQjJic5 ...
X @BNB Chain
BNB Chain· 2025-09-24 13:34
Platform Integration - Franklin Templeton Digital Assets' Benji Technology Platform is now live and integrated on BNB Chain [1]
Franklin Templeton Expands Tokenization Frontiers With Benji Platform Integration Onto BNB Chain
Yahoo Finance· 2025-09-24 13:00
Core Insights - Franklin Templeton is expanding its proprietary Benji Technology Platform to the BNB Chain ecosystem, enhancing its tokenization capabilities by utilizing BNB Chain's scalable and low-cost infrastructure [1][4] - The partnership aims to deliver tokenized assets with greater utility and enhanced features for both retail and institutional clients globally [2] - The total value of real-world assets tokenized on the BNB Chain exceeds $542 million, positioning it as the eighth-largest in the world, with the global RWA market projected to reach $30 trillion by 2030 [5] Company Developments - The Benji Technology Platform facilitates 24/7 trading and management of tokenized assets, with a history of expansion across multiple blockchains including Stellar, Ethereum, and VeChain [3] - Franklin Templeton's focus on partnering with a chain that demonstrates real liquidity and adoption at scale is crucial for its institutional strategy [5] Industry Trends - Institutional adoption of tokenization is transitioning from pilot projects to scaled deployment, with a current emphasis on networks that can support regulated assets at institutional standards [6] - The growth of the global RWA market has been significant, increasing fivefold in three years, indicating a strong trend towards tokenization in the financial sector [5][6]