Franklin Templeton Partners with MoonPay for Onchain Stablecoin to Tokenized Fund Swaps
Franklin Templeton, a $1.74 trillion asset manager, has partnered with MoonPay to enable institutional investors to swap stablecoins for tokenized money market funds onchain. The integration connects Franklin Templeton's Benji Technology Platform with MoonPay Trade's infrastructure, allowing eligible institutions to exchange supported stablecoins for exposure to the tokenized fund and back without leaving blockchain networks. This comes as Franklin Templeton pushes deeper into digital assets, having announced the launch of Franklin Crypto in April 2026, a dedicated cryptocurrency division. Sandy Kaul, head of innovation and digital assets, described 2026 as 'the year of the universal liquidity layer,' where stablecoins and tokenized funds become interoperable across trading, lending, and collateral applications. A key feature is the ability to earn yield around the clock on tokenized money market funds, unlike traditional funds that require holding through a trading day. Institutional demand for this functionality has been strong. The partnership also marks MoonPay's expansion into tokenized real-world assets, reflecting growing interest from traditional finance in bringing regulated products onchain.
Key facts
- Franklin Templeton partners with MoonPay for onchain stablecoin to tokenized fund swaps.
- Integration enables institutions to earn yield 24/7 on tokenized money market funds.
- Franklin Templeton launched Franklin Crypto unit in April 2026.
- Partnership expands MoonPay into tokenized real-world assets.
- Institutional demand for seamless stablecoin-to-yield swaps is high.