Franklin Templeton’s Benji Technology Platform, a proprietary tokenization stack, is now joined with BNB Chain, binding one of the world’s most appreciated asset managers to our fast-developing community of institutional and retail stockholders.
Real-world assets (RWAs) are going on-chain, and Franklin Templeton has been leading that shift since 2021, when it initiated the first U.S.-lodged collaborative fund to use blockchain for transactions and ownership records. Recently, Benji powers fully on-chain investment products across interchangeable funds, money market funds, equities, and more.
By proliferating to BNB Chain, Franklin Templeton is accompanying tokenized products where they can scale protectively, efficiently, and globally according to demand. With the integration, Franklin Templeton acquires access to Scale and Speed. In this, their focus is mainly on transactions with Ultra-low costs along with fast speed, making RWAs practical in today’s world.
In addition, Compliance-Ready Infrastructure attentively developed such tools that will target the data solution to fulfill the monitoring requirements. Furthermore, Ecosystem Reach, in this aspect, wants to show how RWAs are scaling on BNB Chain with leading protocols, builders, and liquidity hubs.
Roger Bayston, Head of Digital Assets at Franklin Templeton, said. “Together, Franklin Templeton and BNB Chain will work to deliver tokenized assets with greater utility and enhanced features for retail and institutional clients across the globe.” It means this partnership is much more than an ordinary collaboration, which shows how BNB Chain infrastructure is ready to aid regulated, real-world assets at scale.
In response to Roger Bayston, Sarah Song, Head of Business Development at BNB Chain, said, “Franklin Templeton’s decision to expand the Benji Technology Platform to our network underscores BNB Chain’s role as the leading destination for tokenized financial products.”
The alliance with Benji Technology Platforms marks another landmark in connecting traditional finance (TradFi) and decentralized finance (DeFi), a step toward more open, accessible, and globally efficient capital markets in the world. Additionally, BNB Chain will resume participating with Franklin Templeton and other ecosystems to increase the range of compliant tokenized products available on-chain.
Apart from this collaboration, BNB Chain will prospect cross-chain composability and improved liquidity solutions for RWAs. BNB Chain is also trying to facilitate institutional investors and the broader Web3 community. This expansion elaborates that BNB Chain is not just a blockchain; rather, it is much more than this, which converges TradFi and DeFi.
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Author: NixCoin
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