Franklin Templeton’s Benji Goes Multi-Chain: TradFi Giant Bridges to Canton Network for Tokenized Asset Dominance

Wall Street meets Web3 in Franklin Templeton's latest power play. The $1.4 trillion asset manager just deployed its Benji Investments platform on Canton Network—a blockchain interoperability protocol that's becoming the SWIFT of digital assets.

Why this matters: Institutions can now move tokenized assets between TradFi systems and 8+ blockchains without the usual settlement headaches. Think instant treasury bond trades settling against crypto collateral—with regulators actually smiling for once.

The cynical take? After years of fighting crypto, traditional finance finally found a way to co-opt the technology without touching its precious 'volatile' Bitcoin. Progress comes in ironic packages.

A Proven Blockchain Stack for Tokenized Investments

The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-integrated technology stack, built to manage and administer token-based investments.

In 2021, the company launched the world’s first U.S.-registered mutual fund to process transactions and record share ownership directly on blockchain.

Since then, Franklin Templeton has rolled out several fully on-chain tokenized investment products to meet diverse client needs across retail, institutional, wealth, and banking segments. The expansion to Canton provides the firm’s global clients with greater flexibility in how they engage with digital assets, all within a regulated environment.

“Our bottom line is to meet institutions where they are, and just as importantly, where they’re headed,” said Roger Bayston, Head of Digital Assets at Franklin Templeton.

“Integrating our Benji Technology Platform with the Canton Network allows us to deliver a private blockchain option alongside the interoperability clients expect—without compromising transparency or security,” adds Bayston.

Earlier this year, Franklin Templeton announced Intraday Yield, the newest feature on its proprietary Benji Technology Platform. This feature, the company says, “dramatically” boosts market opportunities for both clients and partners.

Franklin Templeton @FTI_US reveals Intraday Yield to enable proportional calculation and distribution of #yield when a #tokenized security is transferred between users.#crypto #blockchainhttps://t.co/YMFm5CHyWf

Intraday Yield (a patent-pending tech) provides investors with benefits from yield proportional calculation and distribution with one-second resolution when a tokenized security is transferred between users.

Boosting Liquidity Through Canton’s Global Collateral Network

The collaboration also creates new opportunities within Canton’s Global Collateral Network, a system designed to facilitate cross-market liquidity and collateral mobility for institutions. Participants such as QCP plan to leverage Franklin Templeton’s platform as a trusted source of liquidity within the ecosystem.

“This collaboration showcases how regulated tokenized products can power the next generation of institutional finance,” said Darius Sit, founder at QCP. “Together with Canton, we’re building trusted, scalable solutions that redefine market standards.”

Momentum Builds Behind Institutional Tokenization

“The integration of the Benji Technology Platform into the Canton Network demonstrates the strength of our ecosystem and the momentum behind tokenized finance,” said Georg Schneider, head of RWA at Digital Asset.

Canton continues to expand its network of global institutions and tokenized assets, creating the foundation for regulated markets to operate seamlessly in the digital era. Through innovations like Benji, the line between traditional and digital finance continues to blur—ushering in a future defined by interoperability, liquidity, and trust.