Franklin Templeton, the global investment power that manages $ 1.6 billion in assets, is expanding its Benji technology platform patented to the BNB chain ecosystem.
The movement amplifies the institutional degree tokenization experience of Benji by taking advantage of the technological strengths of the BNB chain, including its scalable and low -cost infrastructure and high transaction performance, to create a new class of chain financial assets.
“Our goal is to meet more investors where they are active, while continuing to push the limits of what tokenization can offer with security and compliance with the avant -garde,” said Roger Bayston, head of Franklin Templeton digital assets, in a press release shared with Coindesk.
“Together, Franklin Templeton and BNB Chain will work to deliver tokenized assets with greater utility and improved characteristics for retail and institutional clients worldwide,” Bayston said.
Franklin Templeton’s Benji technology platform is an integrated battery designed to facilitate the trade and management of tokenized assets and the distribution of performance, as evidenced by the money fund of the US government of the firm, Benji Token. Over the years, the platform has expanded in multiple blockchains, including Stellar, Ethereum and Vechain.
According to Sarah Song, head of BNB business development, Benji’s expansion to the BNB chain stands out because the chain offers an environment specially designed for tokenization.
“The BNB chain has a specially designed environment that the emitters cannot find in other places: fast settlement, low rates and compatible data tools in an ecosystem,” said Sarah Song, head of BNB Chain business development.
“For an institution like Franklin Templeton, it is not just about technology, it is about associating with a chain that already demonstrates real real liquidity and adoption,” Song explained.
At the time of writing, the total value of the real world assets tokenized in the Tebnb chain was more than $ 542 million, which makes it the largest eighth in the world, according to the BNB tracker based on dunes. RWA’s global market has become five times in three years and it is estimated that it will reach $ 30 billion by 2030.
“The institutional adoption of tokenization is moving from pilot projects to the escalation implementation. The initial question was whether regulated assets could exist in the chain; today, the approach is in which networks can support them in institutional standards. The expansion of Franklin Templeton to BNB chain reinforces that tokenization is not a theory, but an operative reality chain and bnb That carries forward, “.