Franklin Templeton’s Benji Platform Joins Canton Network
Franklin Templeton has expanded its Benji Technology Platform onto the Canton Network, a milestone that connects one of the world’s most advanced tokenization infrastructures with a leading blockchain designed for institutional finance. The move enables global market participants to access regulated, tokenized investment products via Canton’s Global Collateral Network, marking a new phase in the convergence of traditional and digital markets.
The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-integrated system used to facilitate the administration and transfer of token-based investment vehicles. In 2021, the firm became the first to launch a U.S.-registered mutual fund leveraging blockchain technology for transaction processing and share recordkeeping. Since then, Franklin Templeton has expanded its tokenized product suite to serve retail, institutional, and banking clients, including use cases in liquidity.
“Our bottom line is to meet institutions where they are, and just as significantly, where they’re headed,” said Roger Bayston, Head of Digital Assets at Franklin Templeton. “Integrating our Benji Technology Platform with the Canton Network allows us to deliver a private blockchain option alongside the interoperability clients expect, without compromising on transparency and security. Together, we’re uniting traditional financial rigor with the innovation of tokenized markets.”
Takeaway
Expanding Liquidity and Collateral Mobility Across Canton’s Ecosystem
The integration enhances Canton’s Global Collateral Network — a framework that connects regulated institutions for cross-market settlement, collateral management, and liquidity optimization. With the Benji Platform now live, market participants such as QCP plan to leverage Franklin Templeton’s tokenized products as a new source of collateral and liquidity in digital markets.
“This collaboration showcases how regulated tokenized products can power the next generation of institutional finance,” said Darius Sit, Founder of QCP. “Together with Canton, we’re building trusted, scalable answers that redefine market standards.”
By integrating with Canton’s permissioned blockchain infrastructure, the Benji Platform enables interoperability across diverse market participants — from asset managers and custodians to banks and brokers — while ensuring compliance with global privacy and regulatory standards. Institutions can now seamlessly move tokenized collateral between networks, improving efficiency and environments.
Takeaway
Strengthening Institutional Confidence in Tokenized Financial Markets
Franklin Templeton’s entry onto Canton marks a broader shift toward trusted, compliant blockchain ecosystems that can host tokenized representations of traditional financial instruments. The collaboration also strengthens Canton’s position as the premier institutional blockchain network, enabling end-to-end processes such as on-chain issuance, settlement, and collateral mobility.
“The integration of the Benji Technology Platform into the Canton Network demonstrates the strength of our ecosystem and the momentum behind tokenized finance,” said Georg Schneider, Head of Real-World Assets at Digital Asset. “With Franklin Templeton joining the network, institutions gain access to a trusted provider to and deepen liquidity options across our Global Collateral Network.”
As more global banks, asset managers, and market makers join Canton, the network continues to build the foundation for regulated tokenized markets. Through this collaboration, institutions gain the infrastructure to with the efficiency and programmability of distributed ledger technology — signaling a pivotal step toward the mainstream adoption of tokenized finance.
Takeaway
