What Fresh Hell is This? 😱
- Franklin Templeton shlepped its Benji Technology Platform to the Canton Network. Big whoop. 🤑
- Now banks and trading firms can trade Benji tokens privately. Like anyone cares. 🤷♂️
- Canton Network’s got $396 billion in tokenized assets. So what? My dry cleaner’s got more personality. 🧼
So, Franklin Templeton-you know, the $1.5 trillion asset manager that’s always late to the party-finally decided to expand its blockchain-based Benji Technology Platform to the Canton Network. 🎉 Big deal. Now they can offer their tokenized funds to more institutional investors. Yawn. 😴
Tokenized Funds? More Like Tokenized Snores. 😴💤
Apparently, this integration connects their Benji Platform with Canton’s Global Collateral Network. Ooh, fancy. Now banks, market makers, and trading firms can hold and trade Benji tokens. Thrilling. 🙄 These tokens represent their OnChain U.S. Government Money Fund, which allows real-time transactions. Wow, real-time. Like we’re all sitting around waiting for that. ⏳
Roger Bayston, the head of digital assets at Franklin Templeton, said, “Integrating our Benji Technology Platform with the Canton Network allows us to deliver a private blockchain option alongside the interoperability clients expect, without compromising on transparency and security.” Blah blah blah. Can we get to the part where someone spills coffee on the server? ☕
Franklin Templeton’s (@FTI_Global) Benji Technology Platform expands to Canton Network
The platform brings regulated tokenized funds and new liquidity sources to Canton’s Global Collateral Network.
A major step forward for institutional adoption of tokenized assets.
Read more… 🤓
– Canton Network (@CantonNetwork) November 12, 2025
How Benji Works? Who Cares? 🤷♀️
Benji is Franklin Templeton’s blockchain-native system that issues and records tokenized fund shares. It lets approved wallets send tokens instantly and keeps everything regulatory-compliant. Big deal. My toaster could do that. 🍞
They first showed it to the SEC in 2019 and launched it in 2021 with the Franklin OnChain U.S. Government Money Fund (FOBXX). The first SEC-registered mutual fund on a public blockchain. Woo-hoo. Since then, it’s managed over $844 million in distributed asset value. Yippee. 🎉
Canton Network? Oh, that’s the blockchain Digital Asset Holdings cooked up in 2023. It lets institutions transact privately and securely. Currently hosting $396 billion in real-world assets. Goldman Sachs and Tradeweb are already there. So? My cousin’s got a lemonade stand with more personality. 🍋
Why Canton Network? Privacy, Schprivacy. 🕵️♂️
Sandy Kaul, head of innovation at Franklin Templeton, says institutions want privacy in their blockchain transactions. Shocking. They don’t want their trades on public blockchains. Who would’ve thought? 🤦♂️ Darius Sit, founder of QCP, called it proof that “regulated tokenized products can power the next generation of institutional finance.” Whatever. Next. ➡️
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2025-11-12 19:44