Franklin Templeton and MoonPay have entered into a strategic partnership aimed at enhancing the accessibility and usability of tokenized financial products within the onchain financial ecosystem. This collaboration integrates Franklin Templeton’s Benji Technology Platform with MoonPay Trade’s institutional trading infrastructure. The integration allows eligible institutional users to seamlessly transition between supported stablecoins and Franklin Templeton’s tokenized money market fund offerings through an entirely onchain execution experience.
The addition of Franklin Templeton’s BENJI to the MoonPay Trade platform marks a significant expansion into new territory, going beyond traditional crypto, fiat, and stablecoins. This move introduces novel use cases that lie at the intersection of stablecoins, tokenized funds, and capital markets operated onchain.
By leveraging MoonPay Trade’s established capabilities in quote and execution routing, the partnership is designed to simplify the utilization of Franklin Templeton’s suite of tokenized money market funds within institutional workflows. For current holders, this integration provides an additional route back into stablecoin liquidity, thereby enhancing flexibility in areas such as onchain treasury management, liquidity management, portfolio rebalancing, and collateral-related applications.
Sandy Kaul, Head of Innovation and Digital Assets at Franklin Templeton, emphasized that the utility of tokenized money market funds greatly increases when they can move swiftly and programmatically within the broader digital asset ecosystem. Kaul noted that this partnership represents an important step toward facilitating access for institutions to navigate between stablecoin liquidity and tokenized fund exposure.
Caroline D. Pham, CEO of MoonPay Institutional, highlighted that while digital assets like tokenized money market funds offer advantages in liquidity and capital efficiency, these benefits are only realized when institutions can access the onchain financial ecosystem. Pham underscored the significance of the partnership in showcasing innovative solutions that promote institutional adoption of digital assets.
This collaboration is anticipated to lay the groundwork for a broader strategic relationship between Franklin Templeton and MoonPay, with the aim of expanding reliable access to onchain financial markets.
Franklin Templeton has been at the forefront of digital asset investment and blockchain innovation since 2018, melding tokenomics research, data science, and technical know-how to deliver advanced solutions. The Benji Technology Platform serves as the firm’s proprietary blockchain-enabled infrastructure for recordkeeping and transfer agency functions, supporting tokenized investment products across both retail and institutional channels. Notably, Franklin Templeton was the first to launch a U.S.-registered mutual fund utilizing blockchain technology for transaction processing and has since made strides with tokenized fund offerings in Luxembourg and Singapore. In a forward-thinking development, Franklin Templeton announced plans to incorporate BENJI tokens as a payment mechanism in an upcoming acquisition, paving the way for onchain M&A transactions. Retail investors in the U.S. can easily access BENJI through the Benji Investments mobile app, while global institutions can utilize the platform via the Benji Institutional web portal.
