BNB Chain Hosts 61.7% of Franklin Templeton's Benji Platform Assets

Key Facts

Amid the growing trend of major financial institutions adopting blockchain technology, BNB Chain now hosts $1.5 billion of Franklin Templeton's Benji platform assets. According to reports, this represents approximately 61.7% of the platform's distributed on-chain value. This shift highlights the increasing momentum of institutional adoption of BNB Chain as a core infrastructure for digital asset management.

This expansion occurs as the Total Value Locked (TVL) for Real World Assets (RWA) on BNB Chain reached a record $5.2 billion. In comparison to peers, while firms like BlackRock utilize the BUIDL fund on Ethereum to lead the sector, Franklin Templeton's recent move strengthens BNB Chain's competitive position in the institutional tokenization market per market data.

On the economic front, global markets are awaiting speeches from US Fed officials, including Bowman and Waller, to gauge monetary policy trends that may indirectly influence risk appetite in digital assets.