Franklin Templeton brings BENJI to VeChain for corporate payments
The post Franklin Templeton brings BENJI to VeChain for corporate payments appeared on BitcoinEthereumNews.com.
Starting from a historic fund of 780 million dollars, Franklin Templeton pushes for innovation by bringing BENJI and tokenized money market funds on VeChain, opening new paths for liquidity management and corporate payments on public blockchain. What is the BENJI platform by Franklin Templeton on VeChain? BENJI is the solution developed by Franklin Templeton to enable tokenized access to the Franklin OnChain U.S. Government Money Fund (FOBXX): each BENJI token represents a share of the fund, aiming to maintain a stable value around the dollar. The new development consists of the integration of BENJI with VeChain, a public blockchain specialized in business solutions, thus expanding the range of payment options in stablecoin and liquid instruments available for enterprises already operating on the VeChain network. Why does Franklin Templeton bet on VeChain? The choice of VeChain stems from its technical peculiarities: dual-token architecture, predictable and low transaction costs, enterprise orientation. Consequently, companies can now access, through VeChain, one of the largest tokenized money market funds already live on blockchain. In the official statement, Franklin Templeton explains: “This collaboration will strengthen the distribution strategy, offering businesses and institutional investors involved with VeChain a differentiated way to integrate tokenized money market funds into payment and liquidity management options.” How does the FOBXX fund accessible through BENJI work? FOBXX is an authorized US fund (approximately $780 million under management) that invests in cash, T-bills (US government securities), and secured repos. The BENJI token ensures transparency, speed, and interoperability to move corporate liquidity between traditional currencies and native assets on the blockchain. A BENJI token remains anchored to the value of the dollar, reproducing the characteristics of a “stable token” supported by real assets: a practical solution for companies looking for digital-native but regulated tools. Which other partners and infrastructures support the integration? The custody…
Filed under: News - @ July 25, 2025 10:30 am