Franklin Templeton Integrates BENJI Tokenized Fund Into MoonPay Trade on June 3

According to The Defiant, on June 3, Franklin Templeton integrated its tokenized money market fund BENJI into MoonPay Trade. Institutional users can now directly exchange supported stablecoins for shares of Franklin Templeton's U.S. government money market fund on-chain, with reverse redemptions also supported. The integration connects Franklin Templeton's Benji technology platform with MoonPay Trade's institutional quoting, routing, and execution engine.

BENJI holders will be able to exchange for stablecoin liquidity through MoonPay and utilize the fund in on-chain workflows including treasury management, portfolio rebalancing, and collateral purposes.