Franklin Templeton’s Tokenized Money Market Fund Goes Live on BounceBit

Key Points

1. Franklin Templeton’s tokenized U.S. Government Money Fund is now available on BounceBit, providing a yield of approximately 4.5% and improving capital efficiency.

2. The fund, represented by the BENJI token, is also supported by Anchorage Digital Bank and operates on Ethereum and Solana, holding $692 million in assets.

3. BounceBit joins other major players like BlackRock and Fidelity in expanding tokenized real-world assets (RWA), competing with platforms such as Robinhood and eToro.

4. The integration aims to make BounceBit a key venue for institutional-grade tokenized RWA, governed by programmable logic.

5. The broader RWA ecosystem includes tokenized U.S. Treasury debt, stocks, and private credit across regions like the U.S., Europe, Hong Kong, and Japan.