Franklin Templeton Launches Solana (SOL)-Based Mutual Fund Token BENJI

Source
JH Kim

Summary

  • Franklin Templeton announced the launch of the mutual fund token BENJI based on the Solana (SOL) chain.
  • This appears to be a strategic move leveraging Franklin Templeton's experience as a Bitcoin spot ETF issuer.
  • The launch utilizing the Solana chain is expected to offer new opportunities for investors.

Global asset manager and Bitcoin (BTC) spot ETF issuer Franklin Templeton announced on the 12th (local time) via its official X (formerly Twitter) that it has launched the Franklin Mutual Fund (FOBXX) token BENJI based on the Solana (SOL) chain.

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JH Kim

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