Franklin Templeton Adds Aptos Blockchain to Support Tokenized Money Market Fund

Franklin Templeton has announced the addition of a new asset to its Benji platform, citing the unique characteristics of Aptos that align with the asset manager’s strict suitability standards. Roger Bayston, head of digital assets at Franklin Templeton, highlighted Aptos’ compatibility with the firm’s blockchain-integrated recordkeeping system.

According to Bayston, each Benji token on the platform represents one share of the fund, providing investors with a secure and transparent way to access Aptos within Franklin Templeton’s ecosystem.

The inclusion of Aptos on the Benji platform demonstrates Franklin Templeton’s commitment to expanding its offerings and providing investors with innovative opportunities in the digital asset space.