Company Announcements

The platform’s blockchain-integrated infrastructure enables the tokenization of yield-bearing assets and precise, second-by-second distribution of proportional yield

SAN MATEO, Calif.--(BUSINESS WIRE)--Jun. 10, 2025-- In a move that dramatically enhances market opportunities for its clients and partners, global investment giant Franklin Templeton today unveiled Intraday Yield as a new feature of the company’s Benji Technology Platform.

This proprietary innovation enables proportional calculation and distribution of yield, down to the second, when a tokenized security is transferred from one party to another. This means an investor can own a tokenized security for part of the day, transfer it to another investor, and still earn yield for the period they were a shareholder. In addition to accounting for share transfers, the Benji Technology Platform also enables precisely calculated yield to be paid out each calendar day, including weekends and holidays.

Tapping into the promise of the blockchain, this patent-pending technology represents a significant improvement to the prevailing industry standard where share ownership is often determined, and yield is typically calculated, at the end of a trading day and distributed to investors at the end of the month.

“We’ve been investing in and building our own blockchain-based technologies since 2017, and this is one example of how we’re bringing the real, tangible advantages of blockchains to our global client base as well as to new partners and investors,” said Roger Bayston, Head of Digital Assets at Franklin Templeton. “We believe features that are possible due to the composability of the blockchain environment, like Intraday Yield, have the potential to become an industry standard, ensuring that investors facilitating transactions of any size can realize the increased benefits and utilities of blockchain operating environments.”

The Benji Technology Platform is Franklin Templeton’s proprietary blockchain-integrated stack, designed to facilitate trading, management, and administration of token-based investments. The platform is available as a white label technology for banks or asset managers to tokenize securities, or via one of several tokenized money market funds launched by Franklin Templeton for a variety of global institutional and retail use cases. 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. In 2024 the firm also leveraged the Benji Technology Platform to launch the first fully tokenized UCITS fund in Luxembourg, and secured regulatory approval to launch the first retail tokenized fund in Singapore in 2025.

In addition to Intraday Yield, the firm has introduced several additional new capabilities via the Benji Technology Platform, including a solution to allow compliant, permissioned wallet-to-wallet token transfers on supported blockchain networks, as well as functionality to allow the purchase or redemption of tokenized securities using stablecoins.

“We’re not here to watch the future happen, we’re here to help shape it. We believe the future will be a blockchain-based system delivered with the trust, scale and regulatory rigor that investors expect,” said Sandy Kaul, Head of Innovation at Franklin Templeton. “Thanks to our team’s work over the past eight years, we’re now facilitating the move of real-world financial products on-chain in a secure, compliant way and beginning to drive meaningful industry-wide innovation.”

The Benji Technology Platform is used by a growing community of retail and institutional investors. These include corporate treasurers managing liquid reserves, venture capital firms leveraging the platform as a programmable funding tool, and hedge fund trading desks accessing on-chain collateral that can move seamlessly across blockchain networks. The Benji Investments App is available for individual investors in the US on Android and iOS. Global institutions can access the platform through the Benji Institutional web portal, or through their own white label deployment.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.57 trillion in assets under management as of May 31, 2025. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

Copyright © 2025. Franklin Templeton. All rights reserved.

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Franklin Templeton Corporate Communications:
Rebecca Radosevich, (212) 632-3207, rebecca.radosevich@franklintempleton.com

Source: Franklin Templeton