BENJI-SGMoney Market FundTokenized Fund
SingaporeSelf-reported
Franklin OnChain USD Short-Term Money Market Fund (VCC)
Franklin Templeton· San Mateo, United States- AUM
- $24.4M
- 17D change
- -2.4%
- Yield · 7-day net
- 3.93%
- NAV
- 1.0000
- Expense ratio
- 0.25%
- Minimum
- $50.0K
- Redemption
- Daily
- Launched
- 10 Jun 2025
Field coverage 96%Primary-source or on-chain verified 67% of tracked metrics1/1 source documents analyst-verifiedLast reconciled 01 Oct 2026
Overview
What this product is
The Singapore VCC replication of the sponsor's on-chain money fund. Three wrappers of the same strategy across three jurisdictions makes this issuer the clearest test of whether regulatory wrapper — not strategy — is what allocators actually select on.
- Underlying asset
- US government securities and repurchase agreements
- Asset class
- Money Market Fund
- Product structure
- Tokenized Fund
- Legal structure
- Singapore VCC Sub-Fund
- Issuer jurisdiction
- Singapore
- Fund domicile
- Singapore (VCC)
- Base currency
- USD
- Launched
- 10 Jun 2025
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 agreements45.9%
- US Treasury bills40.7%
- US agency discount notes10.4%
- Cash3.0%