Franklin Templeton's BENJI fund directly connects with MoonPay, managed by former CFTC Chair Caroline Pham—this aims to solve both the compliance threshold and liquidity issues of RWA.

BlockBeats reports: Franklin Templeton integrates BENJI tokenized money market funds and other tokenized products into MoonPay Trade, allowing institutions to seamlessly exchange between stablecoins like USDC/USDT and tokenized funds through MoonPay's on-chain trading infrastructure, enhancing on-chain cash management and asset allocation efficiency. This could lay the foundation for both parties to expand into the tokenized real-world asset sector and also marks an important move by MoonPay Institutional CEO Caroline Pham after taking office, who previously served as Acting Chair of the CFTC.