Overview
- Franklin Templeton’s tokenization capabilities and platforms such as Benji and FOBXX will be combined with Binance’s global trading infrastructure and investor reach.
- The firms said planned offerings aim for efficient settlement, transparent pricing, improved collateral and portfolio mechanics, and competitive yields.
- No product structures, asset classes, or regional availability were disclosed, and the companies signaled that some markets may not be eligible, with more details due later in 2025.
- Executives Sandy Kaul, Roger Bayston, and Catherine Chen described the collaboration as a bridge between traditional finance and blockchain to meet growing institutional demand.
- Franklin Templeton manages about $1.6 trillion in assets while Binance serves over 275 million users, positioning the partners against incumbents such as BlackRock and Fidelity in tokenized markets.