Franklin Templeton joins Canton Network to drive tokenised finance

By Vriti Gothi

The Canton Network has integrated Franklin Templeton’s Benji Technology Platform onto its blockchain infrastructure, marking a significant step forward in the evolution of regulated digital finance. This integration enables institutional investors and market participants worldwide to access a growing suite of tokenised investment products through a trusted and interoperable network, further solidifying Canton’s position as a leading blockchain platform for institutional markets.

The Benji Technology Platform, Franklin Templeton’s proprietary blockchain-integrated solution, has been designed to facilitate the seamless administration, transfer, and record-keeping of token-based investments. Since its inception, the platform has played a pioneering role in the asset management industry. In 2021, Franklin Templeton launched the world’s first U.S.-registered mutual fund leveraging blockchain-integrated technology to process transactions and record share ownership. Building on that foundation, the firm has since expanded its suite of fully on-chain investment products, addressing the diverse needs of global clients across retail, wealth management, institutional, banking, and collateral markets.

The integration with Canton’s Global Collateral Network introduces new avenues for liquidity and collateral optimisation. Institutional participants such as QCP plan to leverage the Benji Technology Platform as a trusted source of liquidity, enhancing the efficiency and transparency of digital asset operations. The collaboration strengthens Canton’s capability to connect traditional and digital markets, ensuring compliance with the regulatory, privacy, and interoperability standards that institutions demand.

“Our bottom line is to meet institutions where they are, and just as importantly, where they’re headed,” said Roger Bayston, Head of Digital Assets at Franklin Templeton. “Integrating our Benji Technology Platform with the Canton Network allows us to deliver a private blockchain option alongside the interoperability clients expect, without compromising on the transparency and security that define our approach. Together with a team that deeply understands the institutional market structure and its quirks, we’re building a foundation that can unite traditional financial rigour with the innovation of tokenised markets.”

“This collaboration showcases how regulated tokenised products can power the next generation of institutional finance,” said Darius Sit, Founder at QCP. “Together with Canton, we’re building trusted, scalable solutions that redefine market standards.”