Cap Onboarded as a BENJI Client, Adding Franklin Templeton's Tokenized Money Market Fund as a Supported Deposit Asset

New York, NY, June 25, 2026 (GLOBE NEWSWIRE) -- Cap, a credit platform backed by financial guarantees, today announced it has been onboarded as a BENJI client and will be able to service Franklin Templeton's tokenized money market fund as a supported deposit asset. The approval is the first step toward enabling BENJI holders to access Cap's infrastructure.

BENJI is the longest-running tokenized money market fund in its category, having launched in 2021. As of June 24, 2026, the broader BENJI suite sits on top of $2.5 billion in onchain assets under management.

As a permissioned asset, every BENJI integration must be approved by Franklin Templeton Digital Assets directly. To reach this milestone, Cap cleared Franklin Templeton's full compliance review to become a BENJI wallet holder — a high bar for digital asset platforms and a signal of institutional confidence in Cap's system.

Franklin Templeton Digital Assets has been building digital asset infrastructure since 2018 and led Cap's seed round in 2025. The two firms intend to continue collaborating to bridge traditional finance and decentralized finance.

"Clearing Franklin Templeton's compliance review and supporting BENJI as a deposit asset reflects exactly the kind of institutional rigor Cap was built for. We're proud to deepen our work with a partner that has been investing in this infrastructure since the earliest days," said Benjamin, Founder and CEO of Cap.

About Cap

Cap is a private credit platform that uses blockchain technology to address the core problems facing legacy private credit systems. Cap’s novel automated credit marketplace ensures every loan is backed by onchain principal protection. Each loan has a dedicated underwriter who puts their own capital behind the decision, making honest underwriting the dominant strategy. Dollar depositors then earn a secured yield that’s insured by underwriters. This innovative approach to private credit mitigates the issues of scalability, incentive alignment, fraud, and illiquidity facing traditional markets. Cap’s investors include Franklin Templeton, Susquehanna, IMC Trading, and other legacy financial institutions. Today, the platform has $4B+ in cumulative volume, over $350M in deposits, and 5–7% annualized yield on dollar deposits.

About BENJI / Franklin Templeton Digital Assets

BENJI is Franklin Templeton's tokenized money market fund, launched in 2021 and the longest-running fund in its category, with over $800 million held onchain. Franklin Templeton has been building digital asset infrastructure since 2018.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. You are solely responsible for your investment decisions and assume all associated risks. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

kili (at) wallcollective.xyz

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.