Binance, a global cryptocurrency exchange firm, and Franklin Templeton have announced a collaboration to “build digital asset initiatives and solutions tailored to a wide range of investors.” According to the announcement, they will explore ways to combine Franklin Templeton’s expertise in compliant asset tokenization with Binance’s global trading infrastructure and investor reach.
Specifically, their goal is to offer innovative solutions to meet the evolving needs of investors, providing greater efficiency, transparency, and accessibility to capital markets, along with competitive yield generation and settlement efficiency.
“As these tools and technologies evolve from the margins into the financial mainstream, partnerships like this will be essential to accelerate adoption. We see blockchain not as a threat to legacy systems but as an opportunity to reimagine them. By working with Binance, we can leverage tokenization to bring institutional-grade solutions like our Benji Technology Platform to a broader set of investors and help bridge the worlds of traditional and decentralized finance,” said Sandy Kaul, EVP, Head of Innovation at Franklin Templeton.
According to the experience of Roger Bayston, EVP and Head of Digital Assets at Franklin Templeton, investors are asking about digital assets to stay ahead, but they need them to be accessible and reliable. “By working with Binance, we can deliver groundbreaking products that meet the requirements of global capital markets and co-create the portfolios of the future. Our goal is to bring tokenization from concept to practice so that clients can achieve efficiencies in settlement, collateral management, and portfolio construction at scale,” he stated.
Meanwhile, Catherine Chen, Head of VIP and Institutional at Binance, explained: “Our strategic collaboration with Franklin Templeton to develop new products and initiatives reinforces our commitment to bridging crypto and traditional capital markets and unlocking greater possibilities.”
