BENJIMoney Market FundTokenized Fund
United StatesSelf-reported
United StatesSelf-reportedFranklin OnChain U.S. Government Money Fund
Franklin Templeton· San Mateo, United States- AUM
- $601.5M
- 15D change
- -2.8%
- Yield · 7-day net
- 4.02%
- NAV
- 1.0000
- Expense ratio
- 0.20%
- Minimum
- $20
- Redemption
- Daily
- Launched
- 14 Apr 2021
Field coverage 96%Primary-source or on-chain verified 67% of tracked metrics2/2 source documents analyst-verifiedLast reconciled 29 Sept 2026
Overview
What this product is
The only registered 1940 Act money market fund in coverage whose official share register is maintained on public blockchains. Retail eligibility and a $20 minimum make it the widest-access product in the category, at the cost of a lower institutional ticket profile.
- Underlying asset
- US government securities, repurchase agreements and cash
- Asset class
- Money Market Fund
- Product structure
- Tokenized Fund
- Legal structure
- US 1940 Act MMF (Rule 2a-7)
- Issuer jurisdiction
- United States
- Fund domicile
- United States (Delaware)
- Base currency
- USD
- Launched
- 14 Apr 2021
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
Issuer
Who runs it
Franklin TempletonSan Mateo, United States
First manager to run a US-registered '40 Act money market fund with an on-chain transfer agency record. Operates its own tokenization stack (Benji) rather than outsourcing, and has replicated the structure into Luxembourg and Singapore wrappers.
Portfolio
Composition
- US government agency repurchase agreements44.6%
- US Treasury bills38.9%
- US agency discount notes12.7%
- Cash3.8%