Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Franklin Templeton Moves $700M Fund to BNB Chain: What Happens Next Could Shock Everyone

Franklin Templeton Moves $700M Fund to BNB Chain: What Happens Next Could Shock Everyone

CoinspeakerCoinspeaker2025/09/24 16:00
By:By Parth Dubey Editor Yana Khlebnikova

Franklin Templeton expands its $742M Benji Fund to BNB Chain, boosting BNB’s breakout to $10K.

Binance Coin (BNB) is back in the spotlight after Franklin Templeton, one of Wall Street’s largest asset managers, announced the expansion of its $742 million Benji OnChain US Government Money Fund to BNB Chain.

Franklin Templeton Expands Benji to BNB Chain

The Benji platform tokenizes shares of Franklin’s government money fund into BENJI tokens, which allow peer-to-peer transfers, daily subscriptions, and real-time NAV tracking.

Since its launch, the fund has paid out more than $51 million in dividends and now operates across multiple blockchains.

By integrating with BNB Chain, Franklin Templeton aims to reach a wider investor base, citing the network’s low fees, high speed (200+ TPS), and strong retail and institutional adoption.

BNB Chain’s liquidity is already surging, with analysts pointing to $51 billion in perpetual trading volume on the network.

Still, competitors such as Solana, Ripple, and Securitize are racing to capture tokenization flows as well.

BNB Price Analysis: $10,000 or Bust?

BNB is currently trading around $989, facing a pullback after claiming a new ATH above $1,000.

The weekly chart shows a decisive breakout from a multi-year ascending triangle pattern.

If momentum continues, the structure projects a measured move toward $10,000, implying a staggering 900% rally from current prices.

Supporting indicators include a bullish MACD crossover and an RSI at 68.95, reflecting strong buying momentum.

Franklin Templeton Moves $700M Fund to BNB Chain: What Happens Next Could Shock Everyone image 0

BNB Price | Source: TradingView

However, should the breakout prove false, a breakdown below key support ($675–$700) could open the door for a severe correction, potentially dragging BNB back to the $200 zone, marking a 79% drop from current levels.

Will BNB Surprise Investors?

Franklin Templeton’s decision to expand Benji to BNB Chain signals that institutional tokenization is moving from pilot projects to real-scale adoption.

For BNB, this means fundamentals are aligning with technical setups. If the breakout holds, BNB could enter a parabolic phase.

比特币生态出现新机会

比特币生态系统正在不断发展,一些新兴项目正在吸引投资者关注。

这些项目致力于在比特币区块链上打造更丰富的DeFi、NFT、以及游戏生态,推动创新浪潮。

Franklin Templeton Moves $700M Fund to BNB Chain: What Happens Next Could Shock Everyone image 1

通过解决比特币的效率和成本问题,新项目可能会进一步激发市场活力。

具备扎实技术和实力资源的团队将在新一轮牛市中脱颖而出。

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Solana Update: Bearish Pattern and Weakening Support Point to Solana's $99 Challenge

- Solana's SOL price faces bearish pressure, with technical indicators and on-chain metrics suggesting a potential drop to $99 if key support levels fail. - ETF inflows remain uneven, with Bitwise's BSOL ETF dominating 89% of assets but recent outflows signaling institutional caution amid weak retail demand. - The Upbit hot wallet breach triggered liquidity disruptions, while Nansen data shows 20% monthly declines in TVL, active addresses, and network fees. - Technical analysis highlights a bear flag patte

Bitget-RWA2025/11/27 16:50
Solana Update: Bearish Pattern and Weakening Support Point to Solana's $99 Challenge

Crypto Market Caught Between Surrender and Careful Buying as Underlying Fear Dynamics Change

- Crypto Fear & Greed Index rose to 19/100 from 15/100, remaining in "extreme fear" despite broader equity market pessimism. - Structural downturn driven by leverage, liquidations, and retail capitulation, with social media bullish sentiment at 2-year lows. - Unverified $15B Bitcoin breach and institutional moves (Grayscale ETF, Bybit India) highlight safety concerns and long-term confidence. - KAS, FLR, SKY show modest gains amid "altcoin season," but isolated rallies contrast with fragile market-wide cau

Bitget-RWA2025/11/27 16:50

Solana News Update: Changing Risk Preferences Lead to Outflows from Solana ETFs

- Solana ETFs recorded first outflows since launch, with 21Shares TSOL losing $34.37M in single-day withdrawals. - Price held near $141 despite bearish technical indicators and 20% drop in network TVL to $9.1B. - Institutional holdings remain strong at 6.83M tokens ($964M), but Upbit hack amplified short-term volatility. - Market recovery hinges on Fed's December rate decision and Solana's ability to stabilize key metrics.

Bitget-RWA2025/11/27 16:50

Bitcoin News Update: Optimistic Long Positions and Pessimistic Shorts Clash, Intensifying Cryptocurrency Market Fluctuations

- Hyperwhale shorted 1,000 BTC at $89,765 with 3x leverage, earning $10.6M but facing $1.16M losses as BTC trades at $106,443. - Aggressive bullish bets on Hyperliquid include a 20x $30M BTC long and $92.87M in leveraged longs, contrasting with $343.89M in 24-hour short liquidations. - BTC's RSI at 66 and 15/1 buy/sell signals reinforce short-term bullishness, while $5M POPCAT manipulation risks highlight exchange vulnerabilities. - LeverageShares' 3x BTC/ETH ETFs and compounding risks in products like UDO

Bitget-RWA2025/11/27 16:50
Bitcoin News Update: Optimistic Long Positions and Pessimistic Shorts Clash, Intensifying Cryptocurrency Market Fluctuations