Franklin Templeton has struck a deal with MoonPay to give institutional clients a seamless, onchain way to move between stablecoins and the asset manager’s tokenized money market fund — anytime.
The integration links Franklin Templeton’s Benji Technology Platform with MoonPay Trade’s infrastructure, enabling eligible institutions to swap supported stablecoins for exposure to the tokenized fund (and back again) without leaving blockchain networks. The key promise: uninterrupted, 24/7 access to yield-bearing products via a single onchain workflow.
The move comes as Franklin Templeton accelerates its crypto push. In April the $1.74 trillion asset manager announced Franklin Crypto, a dedicated crypto division built around its acquisition of 250 Digital, aimed at active crypto strategies while continuing to tokenise traditional products. Sandy Kaul, head of innovation and digital assets, framed 2026 as “the year of the universal liquidity layer,” where stablecoins, tokenized funds and other digital money forms become interoperable across trading, lending and collateral use cases.
Kaul emphasized a practical advantage for institutions: tokenized money market funds can distribute yield proportionally to the actual time an investor holds the asset, in contrast to traditional money market funds that typically require positions to be held through the end of a trading day. “We trade 24/7 in the crypto markets,” she told CoinDesk, and institutional appetite for the ability to shift stablecoin balances into yield-bearing tokenized funds at any hour has been strong. “We had tremendous demand for this,” Kaul said.
For MoonPay, the partnership is another step beyond its payments and trading roots into tokenized real-world assets — a space that’s drawing interest from traditional financial firms looking to bring regulated investment products onchain. The Franklin-MoonPay tie-up thus underscores broader industry momentum toward round-the-clock, interoperable liquidity between digital cash and tokenized investments.
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