Binance and Franklin Templeton announced a strategic collaboration to develop digital asset initiatives and tokenised securities products for institutional and retail investors.
The two firms will leverage Franklin Templeton’s experience in compliant tokenisation and its asset management infrastructure with Binance’s global trading reach and volume. They aim to deliver products that offer faster settlement, transparent pricing and competitive yield generation.
Franklin Templeton manages approximately $1.6 trillion in assets, and its Benji Technology Platform is a key part of its tokenisation efforts. The firm has previously launched tokenised funds such as the Franklin OnChain US Government Money Market Fund (FOBXX), which uses blockchain to record ownership and transactions.
Binance, which handles daily trading volumes in crypto markets measured in the tens of billions, will provide trading infrastructure and a broad user base to support the rollout of tokenised products.
Executives said specific product launches are expected later this year. Sandy Kaul, Head of Innovation at Franklin Templeton, stated that tokenisation is moving from the fringes to mainstream finance. Roger Bayston, EVP and Head of Digital Assets, said demand from investors requires solutions that are accessible, reliable and efficient at scale.
The collaboration follows rising institutional interest in blockchain and digital assets. Alongside this announcement, Binance’s native token (BNB) briefly surged to a new high, driven in part by investor response to the partnership.
The move places traditional asset management and crypto platforms under increasing pressure to bridge compliance, efficiency and reach. It also adds to a broader trend of asset managers exploring tokenisation to modernise capital markets.
