We're excited to announce a strategic partnership with Franklin Templeton to make tokenized financial products more accessible and usable across the onchain financial ecosystem.
Franklin Templeton is a global investment management firm with over $1.6 trillion in assets under management. Since 2021, it has been a pioneer in tokenized finance, launching the world's first US-registered mutual fund to use public blockchain as its system of record. That fund, the Franklin OnChain U.S. Government Money Fund (FOBXX), is represented onchain by the BENJI token and is supported across multiple public blockchain networks including Ethereum, Solana, Avalanche, Arbitrum, and Base.
The integration connects Franklin Templeton's Benji Technology Platform with MoonPay Trade's institutional trading infrastructure. Eligible institutional users can now move between supported stablecoins and BENJI token exposure through a fully onchain execution experience, powered by MoonPay Trade's existing quote, routing, and settlement network.
Adding BENJI to MoonPay Trade marks one of our first expansions beyond crypto, fiat, and stablecoins. It introduces a new use case at the intersection of tokenized funds, stablecoin liquidity, and onchain capital markets. For existing BENJI holders, the integration creates a direct pathway back into stablecoin liquidity, supporting more flexible treasury management, portfolio rebalancing, and collateral workflows across institutional onchain operations.
The partnership builds on Franklin Templeton's sustained commitment to developing regulated, blockchain-enabled investment solutions and expanding their practical utility within institutional workflows.
"Tokenized money market funds only become more useful when they can move with the speed and programmability of the broader digital asset ecosystem," said Sandy Kaul, Head of Innovation and Digital Assets at Franklin Templeton. "For us, leadership in this area means doing the work to make that unlock possible, and teaming up with MoonPay creates another trusted gateway for institutions to move between stablecoin liquidity and tokenized fund exposure."
"Digital assets like tokenized money market funds offer real benefits in liquidity and capital efficiency, but only if institutions have the infrastructure to use them within existing onchain workflows," said Caroline D. Pham, CEO of MoonPay Institutional. "This partnership with Franklin Templeton is a meaningful step in MoonPay Trade's expansion into tokenized finance, and reflects the kind of institutional-grade collaboration that drives real adoption."
This partnership is expected to serve as the foundation for a broader strategic relationship between MoonPay and Franklin Templeton, focused on expanding trusted access to tokenized financial markets onchain. To learn more, visit franklintempleton.com.