Franklin Templeton partnered with @vechainofficial to integrate its BENJI tokenization platform for enterprise payments-BENJI allows tokenized access to Franklin Templeton’s OnChain U.S. Government Money Fund-Competitors to FOBXX include BlackRock’s BUIDL and Ondo’s Short-Term US Govt Bond Fund-One BENJI token = one share in the fund-VeChain’s dual-token structure offers predictable, low-cost operations beneficial for money-market fundsSOURCE COINTELEGRAPH ...

Core Viewpoint - Mercurity Fintech Holding Inc. has announced a strategic partnership with Franklin Templeton to integrate the BENJI token and the Franklin OnChain U.S. Government Money Fund into its platform for tokenized real-world assets, aiming to bridge traditional and digital finance [1][6]. Group 1: Partnership Details - The partnership will leverage Franklin Templeton's BENJI token, which provides direct access to the regulated U.S. money market fund FOBXX, combining the stability of government-backed securities with the flexibility of digital assets [2][6]. - This collaboration aims to modernize investment access while maintaining regulatory standards, making institutional-grade financial products more accessible through blockchain technology [6]. Group 2: Operational Benefits - The blockchain-based structure of the BENJI token addresses traditional inefficiencies in money market fund operations, such as reducing settlement times and simplifying asset transfers, while ensuring regulatory compliance [3]. - Mercurity Fintech's platform will allow both institutional and retail investors to access money market opportunities, earn yields on holdings, and facilitate seamless crypto-to-fiat conversions [4]. Group 3: Company Strategy - Mercurity Fintech plans to utilize tokenized treasury products like BENJI to generate returns on capital reserves, enhancing its digital asset ecosystem [5]. - The company's subsidiary, Chaince Securities, will manage investment transactions and advisory services for these tokenized assets, providing compliant distribution and efficient market access [5][8]. Group 4: Company Background - Mercurity Fintech Holding Inc. is a fintech group that offers technology and financial services powered by blockchain infrastructure, aiming to bridge traditional finance and digital innovation [7]. - Chaince Securities, a wholly-owned subsidiary, specializes in investment banking and brokerage services, supporting the vision of integrating traditional finance with blockchain innovation [8]. Group 5: Franklin Templeton Overview - Franklin Templeton is a global investment management organization with over $1.53 trillion in assets under management as of April 30, 2025, and has extensive capabilities in various investment solutions [9].