DeFi· ★★★★· bullish·

Franklin Templeton parks 59.8% of onchain assets on BNB Chain

  • —BNB Chain holds $1.5 billion of Franklin Templeton's $2.55 billion in onchain assets
  • —That is 59.8% of the firm's onchain assets across ten blockchains
  • —The BENJI token tied to the FOBXX fund is worth about $760 million
  • —In August 2026 the SEC allowed BENJI to be used for cash management and collateral
Why it matters: Tokenized fund shares are becoming a working collateral tool, competing with cash and stablecoins.
Source: Crypto Briefing