Franklin Templeton is moving more business functions onto the blockchain to develop tokenized investment products and on-chain stablecoin swaps.

This shift represents a significant push by a traditional financial giant to integrate decentralized ledger technology into institutional finance. By moving these functions on-chain, the firm aims to meet the rising demand from institutional investors for crypto assets and more efficient financial products.

On June 2, 2026 [2], the company announced a partnership with MoonPay to facilitate on-chain stablecoin swaps. This initiative is part of a broader strategy to expand the firm's footprint within the digital asset ecosystem.

This follows a previous agreement established on May 12, 2026 [1], in which Franklin Templeton partnered with the parent company of Kraken. That collaboration focused on the development of on-chain investment products designed specifically for the institutional market.

CEO Jenny Johnson said these initiatives during an interview at the Bloomberg Television studio. She highlighted the goal of expanding tokenized financial products to better serve global clients.

Blockstream CEO Adam Back also said the evolution of blockchain utility. The movement toward tokenization allows traditional assets to be represented as digital tokens on a blockchain, increasing liquidity and reducing settlement times for large-scale investors.

Franklin Templeton continues to integrate these technologies to streamline how institutional capital interacts with digital assets. The firm is positioning itself as a bridge between legacy finance and the emerging on-chain economy.

“Franklin Templeton is moving more business functions onto the blockchain”

The acceleration of tokenization by a major asset manager like Franklin Templeton signals a transition from crypto as a speculative asset to crypto as a foundational infrastructure for traditional finance. By partnering with both a payment processor like MoonPay and an exchange-linked entity like Kraken's parent, the firm is building a full-stack pipeline for institutional on-chain investing.