Franklin Templeton
On-chain AUM$2.307b
Platform totals
Live assets4
Chains11
Est. annual revenue$4.61m
DeFi TVL$0
DeFi TVL / AUM0%
Confirmed attestations4 / 4
Primary accessPermissioned (4)
Totals for filtered assets
4
$2.265b
$2.307b
$0
2
| Name | Asset Group | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Franklin OnChain Institutional Liquidity Fund (iBENJI)iBENJI | Bonds | $1 | $1.52b | $1.52b | $0 | 0% | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin OnChain Institutional Liquidity Fund Ltd. | Yes | Yes | Yes | Yes | Yes | Yes | |||
 Franklin OnChain U.S. Government Money Fund (BENJI)BENJI | Bonds | $1 | $700.11m | $700.11m | $0 | 0% | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin Templeton Trust – Franklin OnChain U.S. Government Money Fund | Yes | Yes | Yes | Yes | Yes | Yes | |||
 Franklin OnChain U.S. Dollar Short-Term Money Market Fund (sgBENJI)sgBENJI | Bonds | $1 | $29.18m | $30.18m | $0 | 0% | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin Templeton Trust – Franklin OnChain U.S. Government Money Fund | Yes | Yes | Yes | Yes | Yes | Yes | |||
 Franklin OnChain U.S. Government Money Fund (BENJI)gBENJI | Bonds | $1 | $15.52m | $56.69m | $0 | 0% | Franklin Templeton | Bond & MMF Funds | MMF | Permissioned | Asset | RWA | Franklin Templeton Trust – Franklin OnChain U.S. Government Money Fund | Yes | Yes | Yes | Yes | Yes | Yes |
About Franklin Templeton
Franklin Templeton is a global asset manager offering blockchain-enabled tokenized funds, including money market funds and fixed-income products. It provides institutional-grade RWA solutions for on-chain investing.
Profile
- Founded
- 2021
- Headquarters
- San Mateo, USA
- Primary chain
- Stellar
- Parent platform
- Franklin Templeton
- Issuer
- Franklin Templeton Trust – Franklin OnChain U.S. Government Money Fund
Economics & revenue
Holder total fee20 bps
Asset manager take20 bps
Tokenization platform take0 bps
Performance fee0%
Mint fee0 bps
Redemption fee0 bps
Underlying fund expense20 bps
Float incomeNo
Revenue confidencePublic Filings
Fees last verified2026-07-09
Fee waiver ends2026-07-31
Attestations & milestones
- Attestation frequency
- Daily
- Last attestation
- Daily NAV (40-Act)
- 2026-04five years of BENJI marked with the Stellar Development Foundation
- 2025-06intraday yield feature launched on Benji
- 2025-02BENJI expanded to Solana reaching 8 supported blockchains
- 2023-04fund expanded to Polygon
- 2021-04FOBXX launched as the first US registered fund using a public blockchain for share processing
Revenue methodology & documents
Revenue model: Management Fee
Total annual operating expenses are contractually capped at 20 bps net via fee waiver running to 2026-07-31 per the latest 485BPOS, with a materially higher gross expense ratio before waivers. The waiver renews annually so the effective fee could change.
Issuer registry, regulation & leadership
Founders and leadership
Jenny Johnson — President, CEO, Franklin Resources Roger Bayston — Head of Digital Assets
Issuer registry
Franklin Resources, Inc. (NYSE: BEN). Global asset manager with $1.7T+ AUM. Issuer of BENJI (Franklin OnChain US Government Money Fund, FOBXX) — the first SEC-registered 1940 Act money-market fund with on-chain shares, launched April 2021. Multi-chain: Stellar, Polygon, Avalanche, Arbitrum, Base, Aptos.
Regulatory status
FOBXX is a US registered 1940 Act money market fund under SEC Rule 2a-7, a series of Franklin Templeton Trust with shares recorded on blockchain via the Benji platform. BENJI tokens represent fund shares one to one with the transfer agent maintaining the official register on blockchain. The parent Franklin Resources Inc. is NYSE listed.
Entity structure
FOBXX is a series of the Delaware organized Franklin Templeton Trust advised by Franklin Advisers Inc., a subsidiary of Franklin Resources Inc. The Benji platform is the in house tokenization and transfer agency technology. BENJI spans Stellar, Ethereum, Polygon, Arbitrum, Base, Avalanche, Aptos, Solana, and BNB Chain.