The integration marks a shift for institutional digital asset providers, who typically face structural hurdles when managing liquidity through conventional banking channels. Traditional money market funds often operate on T+1 settlement cycles and remain bound by standard banking hours, creating friction for firms that require real-time capital deployment. By adopting the Franklin OnChain U.S. Government Money Fund, SCRYPT can now deploy idle treasury capital into a tokenized instrument that aligns with the speed of its own institutional-grade trading and custody infrastructure.
In section Releases
SCRYPT Adopts Franklin Templeton’s BENJI for Treasury Liquidity
SCRYPT has integrated Franklin Templeton’s tokenized money market fund, BENJI, to streamline its treasury operations. By moving internal liquidity onto blockchain-based rails, the Swiss-licensed firm gains 24/7 access to yield-bearing assets, bridging a critical gap between traditional financial settlement cycles and the continuous nature of digital asset markets.
Sylvan Martin, founder and CGO of SCRYPT, noted that the move serves as a bridge between established financial management and on-chain markets. Beyond internal utility, the deployment signals a broader trend of regulated counterparties adopting tokenized cash rails before rolling out similar capabilities to their clients. With Franklin Templeton managing approximately USD 1.68 trillion in assets, this partnership leverages high-tier financial backing to stabilize the liquidity management of a crypto-native infrastructure provider.
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