Deployments · Benji Investments · platform by Franklin Templeton

Franklin OnChain Institutional Liquidity Fund (iBENJI)Updated 28 Oct 2026

A BVI-domiciled institutional money fund backed by government securities, cash and repo, whose shares are recorded on chain as iBENJI tokens through Franklin Templeton's Benji platform. Offered to institutions under a Reg D exemption. It is Franklin's largest tokenised fund by on-chain value, and almost 90 percent of its supply sits on BNB Chain, where Benji arrived in 2025.

Live (scaled) since 2025^[1]i — About $1.71 billion on chain with 49 holders in October 2026. · Reviewed 1d ago i

Assets

Fund interest^[2]

One token per share of a BVI money fund recorded on chain

Networks

BNB Chain Public, permissionless^[3]

Ethereum Public, permissionless^[1]

Use cases i

Primary issuance^[1]Fund subscription and redemption^[1]

Jurisdictions

British Virgin Islands

Participants

• Franklin TempletonPlatform provider, Issuer, Asset manager, Transfer agent or registrar, Distributor^[2][4]United States

Assets

• IssuesFranklin OnChain Institutional Liquidity Fund (iBENJI)^[2]

Metrics i

• $1.71bnAssets under management · as of 11 Oct 2026^[1]
  On-chain via rwa.xyz.
• $1.53bnAssets on BNB Chain · as of 11 Oct 2026 · on BNB Chain^[1]
  On-chain token supply via rwa.xyz; NAV $1.
• $184.77mAssets on Ethereum · as of 11 Oct 2026 · on Ethereum^[1]
  On-chain token supply via rwa.xyz; NAV $1.
• 49 holdersToken holders · as of 11 Oct 2026^[1]
  On-chain via rwa.xyz.

Timeline

1. Happened Sep 2025 (month only) · Scope expansion · recorded 11 Oct 2026
   Franklin Templeton brings its Benji platform to BNB Chain after teaming up with Binance.^[3]
2. Happened 25 Mar 2025 · Launch · recorded 11 Oct 2026
   Fund inception date as listed by rwa.xyz.^[2]

Sources i