Franklin Templeton has extended its Benji Technology Platform onto the Canton Blockchain, enabling global institutional clients to access tokenized investment products. This integration marks a significant step in expanding regulated digital financial instruments on the Canton Network.
The move aims to strengthen Canton’s position as a blockchain network tailored for institutional use, supporting interoperability while adhering to regulatory and privacy standards.
Benji Platform Integration Enhances Tokenized Investment Access
The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-integrated system designed to streamline the management of token-based investments. By connecting with the Canton Network, Benji facilitates new opportunities within Canton’s Global Collateral Network.
Participants like QCP plan to leverage this integration to boost liquidity sources, reflecting Canton’s growing capacity to bridge traditional finance and digital asset markets.
Institutional Focus and Market Implications
Roger Bayston, head of digital assets at Franklin Templeton, emphasized the firm’s intent to align with institutional clients’ current needs and future directions. He noted that the integration offers a private blockchain option featuring interoperability without sacrificing transparency or security.
Bayston stated, “Together with a team that deeply understands the institutional market structure and its quirks, we’re building a foundation that can unite traditional financial rigor with the innovation of tokenized markets.”
Georg Schneider, head of RWA at Digital Asset, highlighted the integration’s role in enhancing Canton’s ecosystem and the growing momentum behind tokenized finance. He added that Franklin Templeton’s participation provides institutions with a trusted partner to improve collateral mobility and liquidity options across the Global Collateral Network.
