Franklin Templeton and MoonPay Partner to Expand Institutional Access to Tokenized Money Market Funds

About this update from Franklin Resources, Inc.

Franklin Templeton and MoonPay today announced a strategic partnership to make tokenized financial products more accessible and usable across the onchain financial ecosystem. The initial integration connects Franklin Templeton’s Benji Technology Platform with MoonPay Trade’s institutional trading infrastructure, allowing eligible institutional users to move between supported stablecoins and Franklin Templeton tokenized money market fund exposure through a fully onchain execution experience. Adding BENJI to MoonPay Trade serves as one of MoonPay’s first expansions beyond crypto, fiat, and stablecoins, introducing a new use case at the intersection of stablecoins, tokenized funds, and onchain capital markets. By using MoonPay Trade’s existing quote, routing, execution, and network, the partnership is designed to make Franklin Templeton’s tokenized money market fund suite easier to use across institutional onchain workflows. For existing holders, it creates another pathway back into stablecoin liquidity, supporting greater flexibility across onchain treasury, liquidity management, portfolio rebalancing, and collateral-adjacent use cases. “Tokenized money market funds only become more useful when they can move with the speed and programmability of the broader digital asset ecosystem,” said Sandy Kaul, Head of Innovation and Digital Assets at Franklin Templeton. “For us, leadership in this space means doing the work to make that unlock possible, and teaming up with MoonPay creates another trusted gateway for institutions to move between stablecoin liquidity and tokenized fund exposure.” The partnership also builds on Franklin Templeton’s long-standing commitment to developing regulated, blockchain-enabled investment solutions and expanding their utility within institutional workflows, while marking an important step in MoonPay Trade’s expansion into tokenized finance and real-world asset infrastructure. "Digital assets like tokenized money market funds provide benefits like improved liquidity and capital efficiency, but only if institutions have access to the onchain financial ecosystem," said Caroline D. Pham, CEO of MoonPay Institutional. "MoonPay’s strategic partnership with Franklin Templeton on liquidity and collateral solutions showcases the latest innovations driving institutional adoption of digital assets." This partnership is expected to serve as the...

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