BNB Chain Surges as Franklin Templeton's Benji Assets Flood In
Franklin Templeton's Benji platform has made BNB Chain its largest blockchain host for tokenized money market fund assets. According to Benji data, approximately $1.5 billion of Franklin Templeton's assets are now on BNB Chain, representing 61.7% of the platform's total $2.44 billion under management.
This shift does not mean Franklin Templeton has abandoned Ethereum or Stellar, as the Benji platform remains multi-chain. However, it highlights BNB Chain's growing institutional presence in the real-world asset conversation.
The low-cost structure of BNB Chain is likely a key factor in its appeal to Franklin Templeton. Transaction costs and execution reliability become essential considerations for tokenized asset platforms like Benji.