Franklin Templeton expands the Benji technology platform to the Canton Network

Franklin Templeton, an asset management company, announced that its Benji technology platform has officially been deployed and activated on the Canton Network blockchain. This integration aims to further expand Franklin Templeton's presence in the regulated digital asset market by connecting Canton’s global collateral network, achieving a seamless link between traditional financial infrastructure and blockchain networks.

According to the introduction, this move will provide institutional investors with broader access to tokenized investment products and bring new sources of liquidity and collateral for market makers and institutions, while maintaining high standards in compliance and privacy protection.

The Benji platform is the core support of Franklin Templeton's tokenization strategy and has facilitated the launch of the first registered mutual fund in the U.S. to utilize blockchain for trading and record-keeping.

Canton Network, developed by Digital Asset and supported by major financial institutions such as Goldman Sachs and BNP Paribas, is dedicated to creating a permissioned blockchain infrastructure that connects traditional finance with digital markets. This collaboration further solidifies its position in the institutional-grade decentralized finance space.