Franklin Templeton has expanded its Benji tokenization platform onto the Canton Network, enabling the asset manager’s tokenized funds to function as collateral within Canton’s institutional blockchain infrastructure. The move significantly broadens access to regulated digital assets across the network and reinforces Canton’s growing role as a bridge between traditional finance and blockchain-based markets.
The integration brings Franklin Templeton’s OnChain U.S. Government Money Fund, one of the industry’s leading tokenized cash products, directly into Canton’s ecosystem. By going live on Canton, the Benji Technology Platform becomes available to banks, asset managers, and financial institutions that rely on Canton’s privacy-preserving, compliance-focused architecture.
A major benefit of the rollout is its alignment with Canton’s Global Collateral Network. Institutions active on Canton can now use tokenized Benji fund shares as a source of liquidity and collateral, opening pathways for new credit, settlement, and financing applications across a regulated blockchain environment.
Franklin Templeton views the partnership as a pivotal step toward institutional DeFi. Roger Bayston, the firm’s Head of Digital Assets, said the integration is designed to “meet institutions where they are and where they are going,” offering a private blockchain framework that supports interoperability with traditional systems.
With large financial firms increasingly exploring tokenized money market funds and on-chain collateral workflows, Franklin Templeton’s expansion signals rising momentum behind tokenized real-world assets, and underscores Canton’s ambition to serve as the backbone for institutional digital finance.
