World’s largest cryptocurrency exchange, Binance has partnered with Franklin Templeton, a renowned global investment leader managing over $1.6 trillion in assets to develop new digital asset initiatives and products. In a Wednesday blog post, Binance confirmed the partnership.
According to the post, the collaboration bridges the gap between the scale of traditional finance with the agility of a decentralized market. This in turn delivers solutions designed specifically to the evolving needs of a broad range of investors.
By combining Franklin Templeton’s expertise in the compliant tokenization of securities with its global trading infrastructure and investor reach, Binance intends to bring greater efficiency, transparency, and accessibility to the capital market, while also enhancing yield opportunities and settlement speed. Similarly, the exchange is also focused on fostering greater adoption, improving market efficiency, and creating new opportunities for investors across the globe.
Binance and Franklin Templeton executives reacts to the partnership
Meanwhile, Catherine Chen, the head of VIP and Institutional at Binance added that the exchange holds a record of innovating first-in-crypto solutions that unlocks access and opportunities for investors. Chen added that collaborating with Franklin Templeton to develop new products and initiatives further reflects the exchange’s commitment to bridge crypto with traditional capital markets, opening up greater opportunities.
Similarly, Roger Bayston, the EVP and Head of Digital Asset at Franklin Templeton has shared his thoughts on how investors are increasingly curious about digital assets in hopes of staying ahead of the curve. He also emphasized the importance of these assets being accessible and reliable.
Going further, Roger added that through the collaboration, both firms can deliver breakthrough products that meet the demand of global capital markets and co-create the portfolios of the future. According to him, Franklin Templeton aims to transform tokenization from concept to practice, enabling clients to achieve efficiencies in settlement, collateral management, and portfolio construction at scale.
Sandy Kaul, the EVP and head of innovation at Franklin Templeton has also commented on the development. Kaul noted that as blockchain moves into the financial mainstream, collaborating with Binance plays a key role in accelerating adoption. The executive highlighted that partnering with Binance enables Franklin Templeton to leverage tokenization. This in turn allows them extend their institutional-grade solutions like Benji Technology Platform to a broader audience of investors, further bridging the gap between the worlds of traditional and decentralized finance.
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