Binance and Franklin Templeton are teaming up to create blockchain-based investment products that connect traditional finance with crypto markets. This partnership could bring tokenized finance into the mainstream, offering investors a mix of speed, transparency, and access to competitive yields.
It’s a significant move that highlights how traditional finance and crypto are increasingly overlapping.
Franklin Templeton brings regulatory expertise and experience in tokenizing securities, while Binance adds global trading infrastructure and access to millions of investors. Here are the details.
Franklin Templeton has been building its blockchain capabilities for a while.
Its Benji platform and the Franklin OnChain U.S. Government Money Market Fund (FOBXX) are examples of tokenized investment solutions already in action. Binance, on the other hand, offers deep liquidity and a global user base of over 280 million.
Together, the firms aim to develop products that are compliant, easy to access, and efficient, with faster settlement and transparent pricing. Binance confirmed these products will focus on markets outside the U.S. for now.
Sandy Kaul, Head of Innovation at Franklin Templeton, summed up the firm’s approach:
“We see blockchain not as a threat to legacy systems, but as an opportunity to reimagine them. By working with Binance, we can harness tokenization to bring institutional-grade solutions like our Benji Technology Platform to a wider set of investors and help bridge the worlds of traditional and decentralized finance.”
Roger Bayston, EVP and Head of Digital Assets, added:
“Investors are asking about digital assets to remain ahead of the curve, but they need to be accessible and dependable. By working with Binance, we can deliver breakthrough products that meet the requirements of global capital markets and co-create the portfolios of the future.”
For Binance, the partnership is about bridging crypto with traditional markets.
Catherine Chen, Head of VIP & Institutional at Binance, said the partnership aims to bridge crypto with traditional capital markets by developing new products and initiatives that expand opportunities for investors.
Their focus is to build investor-ready, compliant tokenized products that combine the scale of traditional finance with the accessibility of crypto markets.
Details on specific product launches are expected later this year.
By bringing together Franklin Templeton’s tokenization skills and Binance’s global reach, this partnership looks promising.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
WazirX, once India’s largest cryptocurrency exchange by volume, is preparing to reopen on October 24,…
Berachain has proposed a new Preconfirmation System aimed at enhancing transaction confirmation speeds by over…
WazirX is set to resume trading on October 24, marking the final step in its…
T. Rowe Price, the 87-year-old investment giant managing about $1.8 trillion in assets, has filed…
As someone closely watching the crypto space, it’s hard not to get excited about Hyperliquid’s…
Tom Lee, co-founder of Fundstrat and president of Bitmine, remains bullish on Ethereum despite the…
