{"id":5794,"date":"2025-07-25T12:51:07","date_gmt":"2025-07-25T12:51:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/franklin-templeton-brings-benji-platform-to-vechain-for-tokenized-treasury-access\/"},"modified":"2025-07-25T12:51:15","modified_gmt":"2025-07-25T12:51:15","slug":"franklin-templeton-brings-benji-platform-to-vechain-for-tokenized-treasury-access","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/franklin-templeton-brings-benji-platform-to-vechain-for-tokenized-treasury-access\/","title":{"rendered":"Franklin Templeton brings BENJI platform to VeChain for tokenized treasury access"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Franklin Templeton is in the process of integrating its BENJI platform with VeChain, enabling users to access tokenized U.S. Treasury bills through its blockchain.<\/p>\n<div id=\"cn-block-summary-block_de81010594098e790bd59a1d39383527\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Franklin Templeton is integrating its BENJI platform with VeChain.<\/li>\n<li>The integration allows users to buy and hold tokenized U.S. Treasury bills on VeChain.<\/li>\n<li>BENJI provides access to the Franklin OnChain U.S. Government Money Fund (FOBXX), a regulated fund backed by U.S. government securities, cash, and repurchase agreements.<\/li>\n<li>BitGo and Keyrock will support the integration by providing regulated custody and liquidity services.<\/li>\n<li>The FOBXX fund holds $780 million in assets and is already available on 8 other chains.<\/li>\n<li>The fund competes with other tokenized money market products like BlackRock\u2019s BUIDL and Ondo\u2019s OUSG.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Franklin Templeton is expanding its footprint in the tokenized finance sector by integrating its BENJI platform with VeChain, a layer-1 blockchain, known for its dual-tokenomics model. The VeChain integration will enable users worldwide to purchase and hold tokenized US Treasury bills on the blockchain, while providing regulated custody and liquidity support through BitGo and Keyrock.<\/p>\n<p>For context, the BENJI platform provides tokenized access to the Franklin OnChain U.S. Government Money Fund (FOBXX), a regulated U.S. money market fund backed primarily by government securities, cash, and repurchase agreements, fully recorded and transferrable on-chain. Each BENJI token represents a share in the fund, which aims to maintain a stable $1 value. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">FOBXX fund\u2019s current blockchain presence<\/h2>\n<p>The FOBXX fund, which currently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/assets\/BENJI\" target=\"_blank\">holds $780 million<\/a>, is already available across several other blockchain networks, including Stellar, Ethereum, Solana, Arbitrum, Avalanche, Polygon, Base, and Aptos. Among these, Stellar currently holds the largest portion of BENJI\u2019s market cap at over $430 million. <\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14399911\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Source: Franklin OnChain U.S. Government Money Fund\u2019s Treasury Product Metrics | <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/assets\/BENJI\" target=\"_blank\">rwa.xyz<\/a><\/figcaption><\/figure>\n<p>The FOBXX fund directly competes with other tokenized money market products, most notably the BlackRock\u2019s BUIDL fund and Ondo Short-Term U.S. Government Treasuries Fund (OUSG), which recently expanded to XRP Ledger.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Franklin Templeton is in the process of integrating its BENJI platform with VeChain, enabling users to access tokenized U.S. Treasury bills through its blockchain. Summary Franklin Templeton is integrating its&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5794"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5794\/revisions"}],"predecessor-version":[{"id":5796,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5794\/revisions\/5796"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5795"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}