Tokenization News – Franklin Templeton’s OnChain U.S. Government Money Fund (BENJI), a tokenized money market fund, reached $753.8 million in total value locked in 2025, solidifying its role in the tokenized asset landscape.
Operating across Ethereum, Stellar, Polygon, and Solana, BENJI offers investors stable yields backed by U.S. Treasuries, appealing to family offices and private banks.
This milestone highlights the growing adoption of tokenized MMFs, which provide higher returns than traditional savings accounts and integrate seamlessly with decentralized finance platforms.
As institutional interest in tokenized assets surges, Franklin Templeton’s success underscores the transformative potential of blockchain-based financial products in 2025.
Tokenized Money Market Funds Drive Returns
BENJI’s $753.8 million TVL reflects the appeal of tokenized money market funds, which deliver 4–8% yields compared to the 0.46% average for traditional accounts.
By tokenizing U.S. Treasuries, Franklin Templeton ensures stability and liquidity, attracting institutional investors seeking low-risk returns.
Blockchain’s 24/7 trading and instant settlements enhance accessibility, allowing investors to redeem shares anytime.
This efficiency positions BENJI as a leader alongside BlackRock’s BUIDL, driving the tokenized MMF sector’s growth in 2025.
Tokenized Assets in DeFi Integration
Franklin Templeton’s fund integrates with decentralized finance protocols, enabling investors to use tokenized assets as collateral for lending or staking.
Operating on multiple blockchains like Ethereum and Polygon ensures scalability and interoperability, broadening BENJI’s use cases.
Investors can leverage tokenized treasury tokens to maximize returns in DeFi markets, a trend gaining traction as tokenized assets bridge traditional and decentralized finance.
This integration highlights the fund’s role in expanding blockchain-based investment opportunities.
Institutional Adoption Fuels Tokenized MMFs
The rise of BENJI reflects strong institutional adoption, with family offices and private banks allocating capital to tokenized MMFs for their stability and efficiency.
Regulatory clarity from the SEC and EU’s MiCA framework supports this growth, ensuring investor protections.
Franklin Templeton’s multi-chain approach sets a standard for tokenized funds, positioning them as a scalable alternative to stablecoins.
As tokenized assets continue to gain traction, BENJI’s success signals a shift toward blockchain-driven financial markets in 2025.
