Wu Shuo has learned that, according to Token Terminal data, BENJI under Franklin Templeton has become the largest tokenized money market fund on Ethereum; in the past month, BENJI's on-chain market capitalization on Ethereum has increased by 50% to $1.4 billion, surpassing BUIDL's $1.1 billion market cap.

BENJI-2.15%
ETH1.61%
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GateUser-b74aba1c
· 5h ago
The name BENJI is inexplicably cute, adorably worth 1.4 billion dollars.
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SlippageSiren
· 11h ago
Money market funds are now on the blockchain. What's the next step, bond ETFs?
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Paper-SculptedOctopusPool
· 11h ago
A 50% growth in one month, this speed is even more exaggerated than the summer of DeFi.
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FrontrunFail
· 11h ago
Institutional-level RWA is truly mass adoption; retail investors play meme, institutions play this.
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RugProofMood
· 11h ago
The cake of tokenized money market funds is getting bigger and bigger, and the Ethereum ecosystem has added another piece.
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UnderTheGlassDome
· 11h ago
BUIDL has been surpassed; will BlackRock feel a bit of pressure, haha
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IHateFalseProsperity.
· 11h ago
1.4 billion dollars, Franklin Templeton's move set an example for institutional funds
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TwoFactorZen
· 11h ago
Traditional financial giants entering the market are just different; BENJI's growth rate is too rapid.
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