Franklin Templeton's BENJI token is the third largest RWA on Stellar. Meanwhile @Ripple is building out its own RWA infrastructure on the XRP Ledger. The institutional appetite for tokenized assets is real and growing fast. https://t.co/SbKIDdZmTt
Franklin Templeton's BENJI token is the third largest RWA on Stellar. Meanwhile @Ripple is building out its own RWA infrastructure on the XRP Ledger. The institutional appetite for tokenized assets is real and growing fast. https://t.co/SbKIDdZmTt
✅BENJI = ‘AAAm’ Rated by S&P
$FOBXX, the Franklin OnChain U.S. Government Money Fund, now assigned a ‘AAAm’ principal stability fund rating by @SPGlobalRatings.
**'AAAm' PSFR is based on S&P assessment of the creditworthiness of the fund's investments and counterparties, the investments' maturity structure, and management's ability and policies to maintain the fund's stable net asset value.
See prospectus here: https://t.co/xsTTbuYyTX
Learn more about the rating: https://t.co/elYju43kaG
Rating criteria: https://t.co/4Y0p6hbmv7
Cap has been onboarded as a BENJI client and will be able to service Franklin Templeton's Tokenized Money Market Fund as a supported deposit asset.\n\nThis approval is the first step for BENJI holders to access Cap's covered credit infrastructure. https://t.co/LZuI66501I