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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 83/100 on OnChain Benchmark's Verified Capital Trust Rating — Rated band — across four dimensions: disclosure quality 21/25, redemption liquidity 17/25, structural trust 23/25, and holder concentration withheld (not measurable to ground truth) (methodology v1.2, as of Aug 26, 2026).

BENJITokenized U.S. Treasuries

Verified Capital Trust Rating

83/ 100
Limited

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BENJI across four dimensions

Each dimension is scored out of 25, then multiplied by its weight and summed into the /100 composite — so the four dimension scores are a weighted, not a plain, sum. Last scored Aug 26, 2026 on methodology v1.2.

DimensionScoreWeight
Disclosure Quality21 / 25×0.4
Redemption Liquidity17 / 25×0.9
Structural Trust23 / 25×1.4
Holder ConcentrationNot measured×1.3
CompositeΣ (score × weight)83 / 100

Holder Concentration is withheld for this instrument. Its holder base is too large or too widely distributed to measure to ground truth, so the concentration figure is not published. The composite reflects the three measured dimensions, renormalized.

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OCB Instrument

Rating history

BENJI’s trust rating, measured daily.
ONCHAIN
BENCHMARK
Source: BENJI · Verified Capital Trust Rating · onchainbenchmark.com2026-08-26 · Recomputed daily

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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.

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Key facts

Issuer
Franklin Templeton
Asset class
Tokenized U.S. Treasuries
Collected chains
Stellar · Ethereum · Base · Polygon · Arbitrum · Avalanche · Aptos
Catalogued, not collected
Solana
Methodology
v1.2
Last scored
Aug 26, 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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