Franklin Templeton Unveils Second-by-Second Yield on Benji

Franklin Templeton Unveils Second-by-Second Yield on Benji

Heavyweight asset manager Franklin Templeton on Tuesday launched an intraday yield feature for tokenized assets on its Benji platform.  The new yield feature enables investors to accrue yield proportional to the exact time they hold a tokenized security — down to the second — even if the asset is transferred before the day’s end. It also allows yield to be earned on non-banking days, including weekends and holidays, addressing what Franklin Temp…