Private blockchain Canton has integrated Franklin Templeton’s proprietary blockchain stack, Benji, expanding the availability of tokenised instruments to other institutions on the network for cross-market settlement, collateral mobility, and liquidity management.
Benji facilitates the administration of token-based investments, including mutual funds to process transactions and record share ownership for retail, wealth, institutional, bank and collateral use cases.
A press release from The Canton Network said the integration creates new opportunities for Canton’s Global Collateral Network, where participants such as QCP plan to now leverage the platform as a source of liquidity.
Roger Bayston, head of Digital Assets at Franklin Templeton said: “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.”
Georg Schneider, head of RWA at Digital Asset said the new joiner enables institutions to gain “access to a trusted provider to enhance collateral mobility and deepen liquidity options across our Global Collateral Network.”
