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Franklin Templeton Brings BENJI Tokenized Fund to MoonPay

Franklin Templeton Brings BENJI Tokenized Fund to MoonPay

According to Franklin Templeton, adding BENJI to MoonPay Trade gives institutional clients a route to swap USDC for tokenized money market fund exposure, expanding access to blockchain-based cash management products.

USDC

Fact Check
The BusinessWire official press release dated June 2, 2026 directly confirms Franklin Templeton and MoonPay announced a strategic partnership integrating the BENJI tokenized fund (via Benji Technology Platform) with MoonPay Trade for institutional users. CoinDesk and CryptoBriefing independently corroborate the same announcement and details. The framing about accelerating institutional adoption and improving liquidity is explicitly supported by quotes from MoonPay Institutional CEO Caroline Pham and Franklin Templeton's Sandy Kaul in the press release.
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Summary

Franklin Templeton has added its BENJI tokenized money market fund to MoonPay Trade, creating a new channel for institutional clients to move between stablecoins and tokenized fund products. According to the company’s statement, institutional users will be able to swap USDC through MoonPay Trade to access BENJI, extending distribution of Franklin Templeton’s blockchain-based fund offering. The update adds operational detail to the partnership by specifying the product type, the institutional focus, and the use of USDC as the transaction route.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin used on blockchain networks for payments, trading, and transfers between digital asset products.
  • Tokenized money market fund: A money market fund issued or represented on blockchain infrastructure, allowing digitally native access to short-term cash management products.
  • BENJI: Franklin Templeton’s tokenized fund product, offered on blockchain rails as part of its digital asset and tokenization strategy.