Franklin Templeton Expands Benji Platform to Canton Network, Leveraging Stellar for Real-Time Tokenized Fund Shares

According to Decrypt, Franklin Templeton, a leading asset manager, is expanding its Benji technology platform onto the Canton Network, a private blockchain engineered for regulatory oversight. The upgrade enables real-time transfer of tokenized fund shares and protocol-level compliance enforcement, with settlement options in stablecoins or cash equivalents.

Previously deployed on public networks such as Stellar and Polygon, the expansion reflects a shift toward institutional-grade blockchain infrastructure and broader use of tokenized assets within regulated environments, where Canton provides a controlled setting for custody and settlement.

The move highlights the financial industry’s ongoing emphasis on regulated tokenization and scalable settlement rails, offering asset managers a path to compliant, real-time settlement without compromising liquidity or oversight.