Assets · Fund interest · issued by Franklin Templeton
Franklin OnChain Institutional Liquidity Fund (iBENJI)Updated 27 Oct 2026
Franklin Templeton's money fund for institutions (a BVI fund per RWA.xyz; its Form D gives Delaware), with one token per share recorded on chain through Benji; most supply is on BNB Chain.
Issued through Franklin OnChain Institutional Liquidity Fund (iBENJI) Live (scaled)
Classification · medium confidence
- Legal form
- Fund interest from issuance terms
- Underlying
- Government debt
- Value behaviour
- Stable value · pays income
- Ledger role
- Native
Backed by government securities, cash and repo (cash residual exception); NAV held at $1 with income distributed. Raised from low to medium on 2026-10-27: the issuer's SEC filing states the vehicle type (editor decision 2026-10-21-classification-1). The Form D gives Delaware as jurisdiction of incorporation while RWA.xyz says BVI; not settled.
Sourced[1]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Takes as collateral iBENJI
- Franklin Templeton tokenised MMF as off-exchange collateral on BinanceLive (limited)[4]Named among eligible tokenised collateral in June 2026; the February launch report does not name the fund.
Sources
- [1]Form D notice of exempt offering of securities — Franklin Onchain Institutional Liquidity Fund Ltd. (SEC EDGAR), 6 Oct 2026. Accessed 27 Oct 2026. Filed as a pooled investment fund relying on Investment Company Act section 3(c)(7), Rule 506(b); Franklin Advisers named investment manager; gives Delaware as jurisdiction of incorporation (RWA.xyz says BVI) and no US sales yet..A
- [2]iBENJI asset page (fund profile) — RWA.xyz. Accessed 11 Oct 2026.C
- [3]Franklin Templeton Taps BNB Chain for BENJI Expansion After Binance Team-Up — Decrypt, Sep 2025. Accessed 11 Oct 2026.C
- [4]Binance Expands Triparty Banking Network with Anchorage Digital's Atlas Integration — Binance (via PR Newswire / AAP), 30 Jun 2026. Accessed 12 Oct 2026. Names BUIDL, USYC and iBENJI among eligible tokenised collateral, subject to eligibility and availability..B