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]

Partnerships & Integrations - Franklin Templeton 与 VeChain 合作，整合其 BENJI 代币化平台用于企业支付 [1] - BENJI 允许代币化访问 Franklin Templeton 的 OnChain 美国政府货币基金 [1] Tokenization & Fund Structure - 一个 BENJI 代币 = 基金中的一份份额 [1] Competitive Landscape - FOBXX 的竞争对手包括 BlackRock 的 BUIDL 和 Ondo 的短期美国政府债券基金 [1] Technology & Operations - VeChain 的双代币结构为货币市场基金提供可预测的低成本运营 [1]