Q: What is unusual about this acquisition?
Part of the deal will be paid using BENJI tokens, which are tied to Franklin Templeton’s blockchain-based money market fund. This makes it one of the first acquisitions partially settled using on-chain assets.

Q: What does Franklin Templeton already offer in crypto?
The firm has been active in the space since 2018 and already provides a Bitcoin ETF, along with tokenized financial products operating on blockchain infrastructure.

Q: What does this mean for the broader crypto industry?
This move signals increasing institutional confidence in digital assets, especially as large firms begin building dedicated divisions and using blockchain-native tools in real transactions.

Q: When will the deal be completed?
The acquisition is expected to close by mid-2026, though specific financial details have not been disclosed.