Stellar
Polygon
Arbitrum
BaseFOBXX (BENJI tokens) is a 1940 Act government money market fund investing in US government securities, cash and repos. One BENJI equals one fund share at a stable $1.00 NAV. The fund's transfer agent maintains the official share register on Stellar with support extended across Polygon, Arbitrum, Base, Avalanche, Aptos and Ethereum.
The first US-registered mutual fund with its share register on a public blockchain.
Prism analyst note
BENJI is the most regulator-blessed asset in the category: a genuine SEC-registered money market fund whose official share register lives on-chain, accessible to US retail from $20. That regulatory pedigree comes with platform confinement: liquidity exists within the Benji ecosystem rather than on open DEXs. As rate cuts continue, its 7-day yield tracks government MMF averages. The strongest choice for compliance-sensitive allocators who value 1940 Act protections over composability.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Related assets
See more
Prism confirmed this asset through a regulated registry or transfer agent.
- What was checked
- Prism confirmed this asset through a regulated registry or transfer agent.
- Source
- Franklin Templeton
- Last verified
- Jan 10, 2026
- Custody
- The Bank of New York Mellon
Structure & compliance
- Underlying
- US government securities, cash, repurchase agreements
- Legal structure
Documents & disclosures
Frequently asked
Is BENJI available to US retail investors?+
Yes: via the Benji app with standard KYC, from a $20 minimum.
Which chain is authoritative?+
The transfer agent's on-chain register (Stellar primary) is the official record of share ownership.
Avalanche
Ethereum
Aptos