The firms will make the Benji technology platform available to accredited and institutional investors, with support for 24/7 transferability between permissioned wallets and near-instant onchain settlement
The partnership intends to combine the asset management and tokenisation capabilities of Franklin Templeton with Payward’s crypto-native trading, custody, and onchain infrastructure
The firm says its proposed plans will allow it to largely eliminate the requirement for static cash buffers by holding reserves on Solana in yield-bearing, low-risk, tokenised instruments, used to generate on-demand liquidity
Institutions will be able to delegate staking operations to Marinade, with Anchorage maintaining custody and control of the underlying assets through an onchain mechanism
Onchain vaults will be provided with audit-ready reporting infrastructure, allowing Upshift curators and depositors to receive independent performance reporting and investor-level allocation transparency
The partnership will tokenise the Omnes Mining Note, an institutional-grade structured note backed by Bitcoin hashrate, to be issued and managed on the Base Chain
According to the firm, increased counterparty risk awareness has contributed to a rise in trading volumes by crypto exchanges, hedge funds, market makers, and prime brokers
