The asset manager's on-chain money market business outgrew rivals Spiko and Re over the past month as competition in tokenized Treasuries heats up Franklin Templeton’s tokenized funds added $532.4 million in market value over the past 30 days. That beat both Spiko and Re over the same stretch. The numbers behind the run The pace picked up near the end of the month. In the seven days ending November 2, 2026, the firm added $151.8 million in tokenized fund market cap. MidasRWA came in second over that week with a gain of $78.3 million. Franklin Templeton’s weekly haul was nearly double that. Most of this activity runs through BENJI. The token represents shares in the Franklin OnChain U.S. Government Money Fund, which trades under the ticker FOBXX. A version also circulates as sgBENJI. By late 2026, Franklin Templeton’s digital assets under management reached $3.6 billion. Approximately $2.5 billion of that sits in tokenized money market funds. Where the money lives BENJI runs primarily on the Stellar blockchain. Franklin Templeton picked that network as its main home for the fund and has stuck with it. The firm has been spreading out, though. Its expansion onto the XRP Ledger has dra...
Franklin Templeton’s tokenized funds add $532.4 million in 30 days
5 hours ago
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