The Canton Network announced the expansion of Franklin Templeton’s Benji Technology Platform onto the Canton Blockchain, providing global institutional clients with seamless access to tokenized investment products. This milestone expands the availability of regulated, tokenized financial instruments on Canton and strengthens its role as the premier blockchain network for institutions.

The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-integrated stack, designed to facilitate the administration of token-based investments. Using this platform, Franklin Templeton launched the world’s first U.S.-registered mutual fund in 2021 using blockchain-integrated technology to process transactions and record share ownership. The firm has since launched several tokenized investment products, fully on-chain, that support a wide range of global client needs across retail, wealth, institutional, bank and collateral use cases.

This integration creates new opportunities for Canton’s Global Collateral Network, where participants such as QCP plan to now leverage the platform as a source of liquidity. This development reinforces Canton’s ability to support interconnected use cases across traditional finance and digital asset markets, while meeting the regulatory and privacy requirements of global institutions.

“Our bottom line is to meet institutions where they are, and just as importantly, 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 the transparency and security that define our approach. Together with a team that deeply understands the institutional market structure and its quirks, we’re building a foundation that can unite traditional financial rigor with the innovation of tokenized markets.”

“This collaboration showcases how regulated tokenized products can power the next generation of institutional finance,” said Darius Sit, Founder at QCP. “Together with Canton, we’re building trusted, scalable solutions that redefine market standards.”

“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 RWA at Digital Asset. “With Franklin Templeton joining the network, institutions gain access to a trusted provider to enhance collateral mobility and deepen liquidity options across our Global Collateral Network.”

With many global institutions already part of the Canton ecosystem, the integration of the Benji Technology Platform adds to the network’s growing roster of high-quality tokenized instruments. Canton continues to build the foundation for regulated markets to operate seamlessly in the digital era, enabling cross-market settlement, collateral mobility, and liquidity management.

Source: The Canton Network