Lead · Project Encyclopedia

Franklin Templeton BENJI Deep Dive: How a Century-Old Asset Manager Put a Money Market Fund Onchain — and Where It Actually Stands Against BUIDL and OUSG

BENJI, BUIDL, and OUSG all hold tokenized US Treasuries, but their strategies diverge completely: BENJI is traditional asset management's compliance-first onchain entry, BUIDL is BlackRock's brand-moat institutional play, OUSG is DeFi-native yield maximization. Which fits you depends on whether your goal is stability or amplification.

Oliver Grant · June 20, 2026

Franklin Templeton launched BENJI (Franklin OnChain U.S. Government Money Fund) in 2021, making it one of the first tokenized funds issued by a traditional asset manager on a public blockchain. Unlike BlackRock BUIDL's institution-only high-minimum structure, BENJI was designed from the start to be accessible to a wider investor base. As of 2026, BENJI's AUM stands at approximately $700–800...

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Centrifuge Deep Dive: The RWA Protocol Bringing Real-World Loans On-Chain — How It Actually Works and Where the Risks Are

Centrifuge's 2022 crisis lesson: RWA pool liquidity isn't determined by how...

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Ondo Finance Deep Dive: From Tokenized Treasuries to Ondo Chain — the Complete Blueprint of an RWA Infrastructure Company

Ondo Finance isn't just another 'put Treasuries on-chain' product. Ondo...

Project Encyclopedia

BlackRock BUIDL Deep Dive: The World's Largest Asset Manager's On-Chain Treasury Fund and What Institutions Are Really Playing For

BlackRock put $10 trillion in credibility on-chain — this isn't a trial,...