BENJI vs JTRSY
Franklin OnChain U.S. Government Money Fund and Janus Henderson Anemoy Treasury Fund are both treasuries tokens, so this page compares them. BENJI is issued by Franklin Templeton Trust on Stellar, Polygon, Arbitrum, Avalanche, Aptos, Ethereum, Base, Solana, BNB Smart Chain. JTRSY is issued by Anemoy on Ethereum, Base, Arbitrum. The cited pages differ on issuer, fees, redemption, minimum size, chains. A dash is a field the issuer page does not state. The reverse URL redirects to this alphabetical pair.
All RWA tokens · Franklin OnChain U.S. Government Money Fund · Janus Henderson Anemoy Treasury Fund
| Field | Franklin OnChain U.S. Government Money Fund | Janus Henderson Anemoy Treasury Fund |
|---|---|---|
| Ticker | BENJI | JTRSY |
| Asset class | Treasuries | Treasuries |
| Issuer | Franklin Templeton Trust | Anemoy |
| Issuer jurisdiction | United States | British Virgin Islands |
| Regulator | U.S. registered government money market fund. The prospectus is filed with the SEC. The share-class ticker on the fund page is FOBXX and the fund number is BENJI. | Approved and regulated by the BVI Financial Services Commission. Anemoy says the token is prima facie evidence of ownership under BVI law, in the same way as a share certificate. The page does not name the fund's legal entity. |
| Token type | One share of FOBXX equals one BENJI token. The fund invests at least 99.5% of its total assets in government securities, cash, and repurchase agreements collateralized fully by government securities or cash. It uses amortized cost to seek a stable $1.00 share price. The transfer agent keeps the official record on a blockchain-integrated system. | On-chain fund share for U.S. Treasury bills with a maximum maturity of six months. Issuance follows the proposed ERC-7540 standard, described as an extension of ERC-4626 that issues ERC-20 tokens. Holdings can be viewed through Centrifuge. |
| Custodian | — | — |
| Auditor | — | — |
| Chains | Stellar, Polygon, Arbitrum, Avalanche, Aptos, Ethereum, Base, Solana, BNB Smart Chain | Ethereum, Base, Arbitrum |
| Fees | The prospectus lists management fees of 0.15% and total annual fund operating expenses of 0.22%. A fee waiver and expense reimbursement keeps net operating expenses at 0.20% until 31 Jul 2027. Blockchain network fees are paid by the investment manager or its affiliates. | — |
| Redemption | Shares are purchased and redeemed through the Benji app or the institutional web portal, and only during normal business hours on business days. Daily yield is distributed as newly minted BENJI tokens. | Daily redemptions. Investments and redemptions are in USDC. The page also says the token allows redemptions in kind. It says 'low fees' and does not publish a percentage. |
| Minimum unit | The prospectus says the minimum initial purchase for most accounts is $20, with higher network minimums: Stellar $20, Polygon $1,000, Avalanche $20,000, and Ethereum $5,000,000. There is no minimum for subsequent purchases. | — |
| Launched | 2021-04-06 | — |
| Website | https://digitalassets.franklintempleton.com/benji/ | https://www.anemoy.io/funds/jtrsy |
| CoinGecko id | — | — |
| Market cap | — | — |
| Supply | — | — |
How to buy BENJI
The cited catalog does not include an official how-to-buy path for Franklin OnChain U.S. Government Money Fund.
Who can and cannot hold BENJI
Franklin OnChain U.S. Government Money Fund is issued from United States.
Regulator, as published: U.S. registered government money market fund. The prospectus is filed with the SEC. The share-class ticker on the fund page is FOBXX and the fund number is BENJI.
The cited catalog does not include a restricted-holder statement for Franklin OnChain U.S. Government Money Fund.
What redemption actually means in practice for BENJI
Redemption, as published: Shares are purchased and redeemed through the Benji app or the institutional web portal, and only during normal business hours on business days. Daily yield is distributed as newly minted BENJI tokens.
Minimum size, as published: The prospectus says the minimum initial purchase for most accounts is $20, with higher network minimums: Stellar $20, Polygon $1,000, Avalanche $20,000, and Ethereum $5,000,000. There is no minimum for subsequent purchases.
Fees, as published: The prospectus lists management fees of 0.15% and total annual fund operating expenses of 0.22%. A fee waiver and expense reimbursement keeps net operating expenses at 0.20% until 31 Jul 2027. Blockchain network fees are paid by the investment manager or its affiliates.
How to buy JTRSY
The cited catalog does not include an official how-to-buy path for Janus Henderson Anemoy Treasury Fund.
Who can and cannot hold JTRSY
Janus Henderson Anemoy Treasury Fund is issued from British Virgin Islands.
Regulator, as published: Approved and regulated by the BVI Financial Services Commission. Anemoy says the token is prima facie evidence of ownership under BVI law, in the same way as a share certificate. The page does not name the fund's legal entity.
The cited catalog does not include a restricted-holder statement for Janus Henderson Anemoy Treasury Fund.
What redemption actually means in practice for JTRSY
Redemption, as published: Daily redemptions. Investments and redemptions are in USDC. The page also says the token allows redemptions in kind. It says 'low fees' and does not publish a percentage.
The issuer does not publish a minimum size for Janus Henderson Anemoy Treasury Fund.
The issuer does not publish an issuer fee for Janus Henderson Anemoy Treasury Fund.
Franklin OnChain U.S. Government Money Fund sources
Janus Henderson Anemoy Treasury Fund sources
Questions
Yes. Both are treasuries. RWA Leads does not publish a comparison across asset classes.
Franklin OnChain U.S. Government Money Fund: Franklin Templeton Trust. Janus Henderson Anemoy Treasury Fund: Anemoy.
BENJI fees: The prospectus lists management fees of 0.15% and total annual fund operating expenses of 0.22%. A fee waiver and expense reimbursement keeps net operating expenses at 0.20% until 31 Jul 2027. Blockchain network fees are paid by the investment manager or its affiliates.. JTRSY fees: not stated. BENJI redemption: Shares are purchased and redeemed through the Benji app or the institutional web portal, and only during normal business hours on business days. Daily yield is distributed as newly minted BENJI tokens.. JTRSY redemption: Daily redemptions. Investments and redemptions are in USDC. The page also says the token allows redemptions in kind. It says 'low fees' and does not publish a percentage..
The slugs in alphabetical order: /compare/benji-vs-jtrsy. The other order is a permanent redirect.
Franklin OnChain U.S. Government Money Fund: The cited catalog does not include an official how-to-buy path for Franklin OnChain U.S. Government Money Fund. Janus Henderson Anemoy Treasury Fund: The cited catalog does not include an official how-to-buy path for Janus Henderson Anemoy Treasury Fund.
Franklin OnChain U.S. Government Money Fund is issued from United States. Regulator, as published: U.S. registered government money market fund. The prospectus is filed with the SEC. The share-class ticker on the fund page is FOBXX and the fund number is BENJI. The cited catalog does not include a restricted-holder statement for Franklin OnChain U.S. Government Money Fund. Janus Henderson Anemoy Treasury Fund is issued from British Virgin Islands. Regulator, as published: Approved and regulated by the BVI Financial Services Commission. Anemoy says the token is prima facie evidence of ownership under BVI law, in the same way as a share certificate. The page does not name the fund's legal entity. The cited catalog does not include a restricted-holder statement for Janus Henderson Anemoy Treasury Fund.
Franklin OnChain U.S. Government Money Fund: Redemption, as published: Shares are purchased and redeemed through the Benji app or the institutional web portal, and only during normal business hours on business days. Daily yield is distributed as newly minted BENJI tokens. Minimum size, as published: The prospectus says the minimum initial purchase for most accounts is $20, with higher network minimums: Stellar $20, Polygon $1,000, Avalanche $20,000, and Ethereum $5,000,000. There is no minimum for subsequent purchases. Fees, as published: The prospectus lists management fees of 0.15% and total annual fund operating expenses of 0.22%. A fee waiver and expense reimbursement keeps net operating expenses at 0.20% until 31 Jul 2027. Blockchain network fees are paid by the investment manager or its affiliates. Janus Henderson Anemoy Treasury Fund: Redemption, as published: Daily redemptions. Investments and redemptions are in USDC. The page also says the token allows redemptions in kind. It says 'low fees' and does not publish a percentage. The issuer does not publish a minimum size for Janus Henderson Anemoy Treasury Fund. The issuer does not publish an issuer fee for Janus Henderson Anemoy Treasury Fund.