PANews reported on June 11 that according to Cointelegraph, Franklin Templeton, which has an asset management scale of US$1.53 trillion, has launched an "intraday return" function for tokenized assets. This function has been integrated into its tokenization platform Benji, allowing investors to calculate returns based on the holding time in seconds, support the accumulation of returns on non-trading days (including holidays), and solve the lag problem of daily settlement of returns in traditional finance.
Roger Bayston, head of digital assets, said that the current system usually calculates profits on a daily basis and distributes them on a monthly basis, which prevents day traders from getting the profits they deserve. The company's Franklin OnChain US Government Money Fund manages approximately $750 million in assets.
