Binance and Franklin Templeton Investments are partnering to build tailored digital asset initiatives and institutional-grade solutions for investors. Per a Franklin Templeton announcement on Wednesday, the firm will explore ways to combine Franklin Templeton’s expertise in the compliant tokenization of securities with Binance’s global trading infrastructure and investor reach. By combining Franklin Templeton’s experience in tokenization with Binance’s market infrastructure, the two companies intend to co-create products that generate competitive yields and improve settlement processes.
Binance and Franklin Templeton Team Up
Combining Franklin Templeton’s tokenization expertise with Binance’s global reach will bring forth solutions that are efficient, accessible, and scalable for investors interested in the digital asset industry. Strategic partnerships like this drive adoption, enhance market efficiency, and unlock new opportunities in crypto. Executives from both organizations highlighted the broader potential of tokenization to bridge traditional and decentralized finance. Franklin Templeton has already invested heavily in blockchain-based solutions and sees Binance as the next step towards innovation.
“As these tools and technologies evolve from the fringes to the financial mainstream, partnerships like this one will be essential to accelerating adoption,” said Sandy Kaul, EVP, Head of Innovation at Franklin Templeton, adding, “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.”
“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,” added Roger Bayston, EVP and Head of Digital Assets at Templeton
“Binance has a record of innovating first-in-crypto solutions that unlock access and opportunities for investors. Our strategic collaboration with Franklin Templeton to develop new products and initiatives furthers our commitment to bridge crypto with traditional capital markets and open up greater possibilities,” said Catherine Chen, Head of VIP & Institutional at Binance.
Furthermore, specific product launches between the two companies have yet to be announced. However, they both said more details of their joint initiatives will be shared later this year.