š¦ Franklin Templeton Launches āIntraday Yieldā for Tokenized Assets
Franklin Templeton, a $1.53 trillion asset manager, has introduced a groundbreaking feature called "Intraday Yield" ā allowing investors to earn yield down to the second on tokenized assets via its Benji platform.
š Why it matters:
Traditional finance calculates yield daily or monthly.
With this feature, investors earn proportional returns even if they sell before dayās end.
It solves inefficiencies in TradFi by leveraging blockchain composability.
Integrated into Benji, the firmās tokenization platform.
š This feature makes real-time earnings possible on tokenized U.S. Treasuries and bonds, unlocking greater flexibility and potential yieldāeven on non-banking days like holidays and weekends.
š§ Industry Impact:
RWA (real-world asset) tokenization is exploding.
The market cap of tokenized assets just passed $23.14 billion as of June 9.
Other players like BlackRock and VanEck are already managing $2.94B+ in tokenized treasuries.
š This is part of a broader TradFi trendābringing trillions in traditional assets on-chain through tokenization.
š§ āIntraday Yield is designed to solve a century-old inefficiency in traditional financeā ā Roger Bayston, Head of Digital Assets at Franklin Templeton.
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