Tokenized Assets in Production
summary
Franklin Templeton puts a government money market fund called Benji authentically on Stellar, builds a transfer agent and wallet infrastructure, and runs fully on‑chain books so transaction records are the source of truth. The team measures cost dropping from legacy ~$75,000 to 50,000 transactions cost $1.13, notes only two legacy errors during parallel runs, grows AUM from under $600M to $2.5B, and accrues yield to the second enabling collateral and intraday use.
AI-written summary · about
chapters (5)
- 0:00The vision for onchain assets
- 2:51Operational efficiency gains
- 6:21Use cases and product features
- 9:17Distribution and market growth
- 12:56Building trust and next steps
related talks
06mBlockchain Policy Briefs
13mThe $300M Move: Richard Teng on Tokenizing Wall Street
09mAPAC's $10 Trillion Tokenization Opportunity
37mOutsider or Insider: Is Crypto Now Part of the Financial System?
31mThe Institutionalization of DeFi: Bridging the Gap Between Traditional Finance and Crypto
09mStellar's Future A Technical Perspective
13mAn Onchain Alternative to Global Transaction Banking
25mWhen Institutional Money Flows on-chain