Franklin Templeton now holds about $1.5 billion, or 59.8%, of its $2.55 billion onchain assets on Binance's BNB Chain, surpassing other blockchains it uses. This shift is driven by its Benji platform, which tokenizes fund shares and records ownership on public ledgers. The flagship tokenized fund, FOBXX, initially launched on Stellar, expanded to BNB Chain in 2025, and has since grown rapidly. A recent SEC no-action letter allows the firm to use these tokenized shares for cash management and collateral, potentially increasing their financial utility and influence on blockchain asset distribution.
Franklin Templeton's onchain assets allocation is context for readers. As of Oct 16, 2026 18:32 WIB, 45 of 50 major cryptocurrencies on Pluang rose, 4 fell. Notable movers include FIL at Rp20.546 (+12.23%), BAL at Rp16.297 (+11.14%), and ALGO at Rp2.156 (+10.79%).
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