Franklin Templeton

On-chain AUM$2.286b

Platform totals

Live assets4

Chains11

Est. annual revenue$4.49m

DeFi TVL$6.98m

DeFi TVL / AUM0.31%

Confirmed attestations4 / 4

Primary accessPermissioned (4)

Totals for filtered assets

$2.243b

$2.286b

$6.98m

Assets Rankings

1d7d1m

Name		Marketcap			DeFi			Flows
Name
Franklin Templeton4 assets		$2.243b	$2.286b	+0.66%	$6.98m	0.31%

About Franklin Templeton

Franklin Templeton is a global asset manager offering blockchain-enabled tokenized funds, including money market funds and fixed-income products. It provides institutional-grade RWA solutions for on-chain investing.

MMFBond & MMF FundsPermissionless

Website Docs

Profile

Founded: 2021
Headquarters: San Mateo, USA
Primary chain: Stellar
Parent platform: Franklin Templeton
Issuer: Franklin Templeton Trust – Franklin OnChain U.S. Government Money Fund

Economics & revenue

Holder total fee20 bps

Asset manager take20 bps

Tokenization platform take0 bps

Performance fee0%

Mint fee0 bps

Redemption fee0 bps

Underlying fund expense20 bps

Float incomeNo

Revenue confidencePublic Filings

Fees last verified2026-07-09

Fee waiver ends2026-07-31

Attestations & milestones

Attestation frequency: Daily
Last attestation: Daily NAV (40-Act)

2026-04five years of BENJI marked with the Stellar Development Foundation
2025-06intraday yield feature launched on Benji
2025-02BENJI expanded to Solana reaching 8 supported blockchains
2023-04fund expanded to Polygon
2021-04FOBXX launched as the first US registered fund using a public blockchain for share processing

Revenue methodology & documents

Revenue model: Management Fee

Total annual operating expenses are contractually capped at 20 bps net via fee waiver running to 2026-07-31 per the latest 485BPOS, with a materially higher gross expense ratio before waivers. The waiver renews annually so the effective fee could change.

Issuer registry, regulation & leadership

Founders and leadership

Jenny Johnson — President, CEO, Franklin Resources Roger Bayston — Head of Digital Assets

Issuer registry

Franklin Resources, Inc. (NYSE: BEN). Global asset manager with $1.7T+ AUM. Issuer of BENJI (Franklin OnChain US Government Money Fund, FOBXX) — the first SEC-registered 1940 Act money-market fund with on-chain shares, launched April 2021. Multi-chain: Stellar, Polygon, Avalanche, Arbitrum, Base, Aptos.

Regulatory status

FOBXX is a US registered 1940 Act money market fund under SEC Rule 2a-7, a series of Franklin Templeton Trust with shares recorded on blockchain via the Benji platform. BENJI tokens represent fund shares one to one with the transfer agent maintaining the official register on blockchain. The parent Franklin Resources Inc. is NYSE listed.

Entity structure

FOBXX is a series of the Delaware organized Franklin Templeton Trust advised by Franklin Advisers Inc., a subsidiary of Franklin Resources Inc. The Benji platform is the in house tokenization and transfer agency technology. BENJI spans Stellar, Ethereum, Polygon, Arbitrum, Base, Avalanche, Aptos, Solana, and BNB Chain.

Issuer source