Franklin Templeton Launches “Intraday Yield” – New Milestone in Tokenized Securities

NEW YORK — Franklin Templeton Digital Assets announced today the launch of its “intraday yield” feature for its Benji platform, enabling the calculation and distribution of returns on tokenized securities down to the second level.

The patent-pending innovation marks a significant advancement in blockchain yield calculation, allowing users to earn returns on partial-day holdings regardless of market status.

Intraday Yield: Revolutionizing Tokenized Asset Calculations

According to Franklin Templeton, the new feature provides unprecedented precision by tracking investor holdings down to the second, enabling yield generation even on assets held for periods shorter than a full day.

“This feature reflects how blockchains are increasingly being used to create modern-day plumbing for the financial system,” stated Roger Bayston, Head of Digital Assets at Franklin Templeton.

Technical Implementation

The feature has initially launched on the Stellar network.
Expansion to other networks is planned, with implementation across all compatible platforms following Stellar.
Yield is calculated and distributed daily, including days when Wall Street is closed.

Franklin Templeton notes that this represents a shift from traditional yield calculation methods where interest is typically paid monthly after end-of-day settlements.

Context in a Growing Market

Tokenization continues to expand rapidly, with Standard Chartered projecting the global tokenized assets market could reach $30 trillion by 2030. Franklin Templeton’s introduction of the intraday yield feature builds upon the company’s earlier innovations in this space.

“Features like intraday yield, possible due to blockchain’s composability, could become industry standards,” said Franklin Templeton’s Bayston.

Historical Context

Franklin Templeton’s journey in tokenization began in 2021 with the launch of the Franklin OnChain U.S. Government Money Fund (FOBXX), the first U.S.-registered mutual fund launched on-chain.

The company continues to expand its platform, announcing today that it will support wallet-to-wallet token transfers on multiple blockchains and enable stablecoin transactions for purchasing tokenized securities.

Industry Impact

Bayston anticipates broader applications for the intraday yield feature, including potential use cases within the cryptocurrency sphere. Traders using stablecoins as collateral for leveraged positions could earn income on assets that were previously inactive.

“While the feature launched on Stellar first, its applicability spans all networks, providing a consistent yield advantage across the platform,” the company stated.

Market data indicates significant interest in tokenized yield generation, with Franklin Templeton’s product now representing approximately $630 million annually based on Stellar statistics.

Financial Analysis: With mounting interest in tokenized assets, innovations like Franklin Templeton’s intraday yield could accelerate institutional adoption, bridging traditional finance with blockchain capabilities.

Technology • Finance • Digital Assets