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OCB — Trust Rating

BENJI Trust Rating

Franklin Templeton · Tokenized share of a U.S. government money market fund.

BENJI (Franklin Templeton) scores 72/100 on OnChain Benchmark's Verified Capital Trust Rating — Rated band — across four dimensions: disclosure quality 19/25, redemption liquidity 17/25, structural trust 23/25, and holder concentration 13/25 (methodology v1.1, as of Jul 7, 2026).

BENJITokenized U.S. Treasuries

Verified Capital Trust Rating

72/ 100
Institutional-grade

OCB — 01

BENJI across four dimensions

Each dimension contributes up to 25 points to the composite trust rating. Last scored Jul 7, 2026 on methodology v1.1.

DimensionScore
Disclosure Quality19 / 25
Redemption Liquidity17 / 25
Structural Trust23 / 25
Holder Concentration13 / 25
Composite72 / 100

OCB — 02

Evidence behind the rating

A sample of the verified facts behind BENJI's score. Each finding carries a confidence level; the full diligence trail is in the terminal.

  • Holder Concentrationaddress exclusion95% confidence

    Sole mint recipient for BENJI token. 0 outgoing transactions. All BENJI supply is held in this address — Franklin Templeton custody/distribution contract, not a retail holder.

    Verified Jun 1, 2026· Etherscan token holder tab — sole holder, 0 outgoing txns. Mint recipient pattern.
  • Disclosure Qualitygovernance finding95% confidence

    DEFAULT_ADMIN_ROLE holder is a plain EOA — no Contract tab on Etherscan. proxiableUUID (item 21) confirmed UUPS upgrade pattern. Single EOA controls upgrades.

    Verified May 31, 2026· Etherscan address page — no Contract tab. hasRole(DEFAULT_ADMIN_ROLE) called on BENJI token.
  • Disclosure Qualityattestation source95% confidence

    Franklin Templeton Trust files monthly N-MFP3 for FOBXX (S000067043). Extracts AUM, NAV, 7-day yield, WAM/WAL, stable price per share. 6 filings ingested in 6-month smoke test — 100% match rate to S000067043.

    Verified May 31, 2026· SEC EDGAR submissions API — CIK 0001786958 confirmed, series S000067043 matched.

OCB — 03

Key facts

Issuer
Franklin Templeton
Asset class
Tokenized U.S. Treasuries
Collected chains
Stellar · Ethereum · Base · Polygon · Arbitrum · Avalanche
Catalogued, not collected
Solana
Methodology
v1.0
Last scored
Jul 7, 2026
Rubric
Verified Capital Trust Rating
Full diligence trail

The interactive terminal shows every verified fact behind BENJI's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →
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