Franklin Templeton Secures SEC Approval to Use $2.6 Billion BENJI for ETFs and Mutual Funds
Prefer us on Google
Franklin Templeton plans to incorporate its tokenized money market fund, the Franklin Onchain U.S. Government Money Fund (BENJI), as collateral or holdings in exchange-traded funds (ETFs) and mutual funds, involving an asset scale of approximately $2.6 billion, with a potential launch as early as the fourth quarter. The U.S. Securities and Exchange Commission (SEC) has granted a no-action letter permitting this structure, allowing Franklin Templeton's funds to use BENJI for cash management and collateral purposes, although approval from each fund's board is still required. The company currently manages over 130 ETFs with approximately $82 billion in ETF assets and around $790 billion in mutual fund assets. Franklin Templeton has distributed tokenized funds through digital wallets and plans to launch more tokenized products for cash or collateral management across its broader fund product line. The market size for tokenized assets currently exceeds $38 billion.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
India Plans to Issue First Tokenized Bond Exceeding $57 Million in September
KAIST Reduces Semiconductor Contract Department Freshman Enrollment to 40
U.S. Treasury Announces Expansion of $4 Billion Bond Buyback
Riddle Discovered in Bitcoin Related to the Genesis Block
Financial Stability Standards to be Recalculated Considering Cryptocurrencies
Solana Fee Vote: Resource Charging Proposal Under Review
Solana Reduces Slot Time to 350 Milliseconds, Aims for 200 Milliseconds
Bitcoin Bull Run: Arthur Hayes Sees Crypto Market Soaring Higher
Bessent Abandons Trend Reversal Amid Deficit Reduction Challenges, Delays for Political Leverage in Midterm Elections
Goldman Sachs Optimistic About Crypto Brokerage Trading Platforms: Can the Market Support a New Cycle?
Cattle Population in Ukraine Rapidly Declining Due to High Costs and Low Milk Prices
Las Vegas businessman faces 280 years over $24 million crypto Ponzi scheme
Blockchain Association Requests Amendments to KYC Rules for Stablecoin Issuers
Gemini enables XRP transfers via XRPL in Singapore
Ravencoin (RVN) Price Forecast for 2026–2050
AI Agent's 'Coming of Age': What Step Is Missing from Simulation Training to Real Trading?
What Are the Reasons for Stock Price Decline? A Guide to Diversified Investment with the Brown-Forman Case, Bitcoin, and Stablecoins
Ripple co-founder Chris Larsen faces Flock protest
Michael Saylor Compares Bitcoin and Gold, Explains Where Bitcoin Can Replace the Metal
Bitcoin Just Hit $80,000: Last Week WEEX's Prediction Came True — What's Next?
Bitcoin hit $80,000 as WEEX predicted last week. See what drove the breakout, current key levels, and whether $90,000 is next.
Mining Artificial Intelligence: Why Bitcoin Miners Are Changing Their Business Model
Can Credit Be Established Without KYC? Exploring the Scope of Crypto from Existing Finance
Why Have Fertilizer Prices Increased Before Grain Prices Take Off?
Bitcoin break $80K！NVIDIA Extends Declines | WEEX TradFi Daily (Aug. 25, 2026)
Global markets delivered mixed signals. Bitcoin and Ethereum strengthened as institutional flows into spot ETFs supported a recovery in crypto risk appetite, while the Robinhood ecosystem and NFT sector also remained active. In technology, NVIDIA continued to weaken ahead of its earnings release, with investors focused on AI returns, customer capital expenditure, and order execution. PDD Holdings saw significant volatility after reporting results, while Applied Optoelectronics came under pressure following its large equity financing announcement. Investors are also awaiting new rate-path signals from the Jackson Hole Economic Symposium.
Financial Services Agency Budget Reaches Record High, Strengthening Oversight of Cryptocurrency and AI
CFTC clashes with U.S. soldier over $400K Polymarket bet
CFTC Considers the Viability of Perpetual Futures in GPU Computing
US Treasury May Tap $950 Billion Reserve to Calm Markets
Bitcoin is once again being 'buried' on social media: what this could mean for its price
They Thought They Were Talking to Apple: $195,000 in Cryptos Vanished in Singapore
India Plans to Issue First Tokenized Bond Exceeding $57 Million in September
KAIST Reduces Semiconductor Contract Department Freshman Enrollment to 40
U.S. Treasury Announces Expansion of $4 Billion Bond Buyback
Riddle Discovered in Bitcoin Related to the Genesis Block
Financial Stability Standards to be Recalculated Considering Cryptocurrencies
Solana Fee Vote: Resource Charging Proposal Under Review
Contents
Latest articles
Latest coin listings on WEEX
