Binance and Franklin Templeton Investments are partnering to build tailored digital asset initiatives and institutional-grade solutions for investors. According to a Franklin Templeton announcement on Wednesday, the company will explore how Franklin Templeton’s expertise in securities-compliant tokenization can be combined with Binance’s global trading infrastructure and investor reach. By combining Binance’s tokenization experience with tokenization with Binance’s market infrastructure in tokenization, the two companies will co-create products that generate competitive yields and improve the settlement process.
Binance and Franklin Templeton team up
Combining Franklin Templeton’s tokenization expertise with Binance’s global reach brings efficient, accessible and scalable solutions to investors interested in the digital asset industry. Such strategic partnerships drive adoption, increase market efficiency and unlock new opportunities for crypto. Executives from both organizations highlighted the broader possibilities of tokenization to bridge traditional and decentralized finance. Franklin Templeton has already invested heavily in blockchain-based solutions and sees vinance as the next step in innovation.
“As these tools and technologies evolve from fringe to the financial mainstream, partnerships like this are essential to fostering adoption,” said EVP, head of innovation at Franklin Templeton. Our Benji technology platform will become a broader set of investors and help fill the world of traditional and decentralized finance. ”
“Investors are asking them to stay ahead of the curve when it comes to digital assets, but they need to be accessible and reliable. By dealing with vinance, they can offer groundbreaking products that meet the requirements of global capital markets and co-create future portfolios.”
“Binance has a record of innovative crypto solutions that unlock access and opportunities for investors. Our strategic collaboration with Franklin Templeton will promote our commitment to developing new products and initiatives, bridging crypto in traditional capital markets and opening up greater possibilities.
Furthermore, the launch of certain products between the two companies has not yet been announced. However, they both said details of their joint initiative will be shared later this year.
