$1.6 Trillion Franklin Templeton Picks BNB Chain for RWA Platform Expansion


Key Notes

  • Asset administration large Franklin Templeton brings blockchain tokenization capabilities to BNB Chain ecosystem.
  • BNB Chain competes with Solana’s $670 million RWA market as institutional adoption accelerates globally.
  • Integration allows world buying and selling of BENJI tokens representing OnChain US Authorities Cash Fund shares.

US-based asset supervisor Franklin Templeton, with $1.6 trillion in belongings below administration, introduced on Wednesday, Sept. 24, that it’ll increase its Benji Know-how Platform to the BNB Chain, marking one other important institutional integration for the blockchain community.

The partnership positions BNB Chain as a key vacation spot for tokenized monetary merchandise, as Franklin Templeton joins the growing list of traditional finance giants embracing blockchain expertise for real-world asset tokenization.


The Benji Know-how Platform is a blockchain protocol designed to deliver conventional funds on-chain. It permits Franklin Templeton’s OnChain US Authorities Cash Fund shares to be represented by BENJI tokens, whereas conserving transaction data throughout a number of blockchains. BNB Chain now joins Franklin Templeton’s present companions, Ethereum

ETH
$4 179



24h volatility:
0.4%


Market cap:
$504.18 B



Vol. 24h:
$29.73 B



, Avalanche


AVAX
$34.58



24h volatility:
0.8%


Market cap:
$14.60 B



Vol. 24h:
$1.37 B



, Stellar


XLM
$0.38



24h volatility:
3.5%


Market cap:
$12.12 B



Vol. 24h:
$185.40 M



, and Polygon to mint and commerce the BENJI tokens globally.

“Collectively, Franklin Templeton and BNB Chain will work to ship tokenized belongings with better utility and enhanced options for retail and institutional shoppers throughout the globe,” stated Roger Bayston, Franklin Templeton’s Digital Property Lead.

The announcement comes as BNB

BNB
$1 015



24h volatility:
0.2%


Market cap:
$141.17 B



Vol. 24h:
$2.57 B



worth continues to commerce above the $1,000 mark, consolidating after hitting a brand new all-time excessive above $1,080 on Sunday, Sept. 21.

BNB Set to Lock Horns With Solana in RWA Adoption Race

The combination permits Franklin Templeton to increase shopper entry to tokenized funding merchandise by BNB Chain. BNB Chain has emerged as a transparent vacation spot for dollar-pegged tokenized monetary merchandise, starting from cash market funds to credit score devices.

With quick settlement, low charges, and compliant knowledge tooling, BNB Chain offers a powerful basis for tokenizing and buying and selling real-world belongings. Nevertheless, it nonetheless trails early-movers like Solana

SOL
$214.3



24h volatility:
1.2%


Market cap:
$116.39 B



Vol. 24h:
$8.79 B



by way of adoption. At press time, Solana’s RWA belongings have crossed $670 million, marking an all-time excessive, propelled by $150 million inflows from BlackRock’s BUIDL fund, in line with Solana Ground.

BNB could possibly be set for related inflows as Franklin Templeton alerts its long-term dedication with the Benji platform enlargement, putting it firmly within the race for RWA dominance.

Maxi Doge Presale Features Momentum as Merchants Search Excessive-Threat Performs Past BNB

As megacap altcoins like BNB proceed to draw large-scale institutional adoption, early-stage community-driven tasks like Maxi Doge (MAXIDOGE) are additionally gaining traction.

Maxi Doge is positioning itself as a high-leverage speculative token, providing merchants publicity to volatility and high-risk alternatives.

At present priced at $0.000259, the Maxi Doge presale has already raised greater than $2.5 million of its $2.8 million goal. Potential buyers nonetheless have hours left to take part within the presale by the official Maxi Doge site earlier than the subsequent worth adjustment.

Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any choices primarily based on this content material.

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Ibrahim Ajibade

Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting numerous Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is at present learning for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.

Ibrahim Ajibade on LinkedIn






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