Overview

• Binance Coin climbed to as high as about $907 intraday before easing, with reporting noting roughly a 50% jump in 24‑hour trading volume.
• Binance announced a collaboration with Franklin Templeton to build tokenized asset solutions and other digital asset initiatives for institutional investors.
• Franklin Templeton said the goal is to take tokenization from concept to practice to improve settlement, collateral management, and portfolio construction at scale.
• Binance characterized the alliance as part of its drive to connect decentralized markets with traditional capital markets for professional clients.
• The move unfolded during a broader crypto rally following U.S. PPI of 2.6% versus a 3.3% expectation, as Bitcoin reclaimed roughly $113,000 and total market value approached $4 trillion.