Overview

• Both firms said they will co-develop digital asset products that connect traditional markets to crypto, aiming for efficient settlement, transparent pricing, and competitive yields.
• Franklin Templeton will contribute tokenization expertise and regulatory-focused product design while Binance provides trading infrastructure, liquidity, and global distribution.
• Specific product designs and rollout timelines were not disclosed, with additional announcements planned before year-end.
• Franklin Templeton manages about $1.6 trillion and has advanced tokenization through its Benji platform and an OnChain U.S. Government Money Market Fund on Coinbase’s Base.
• Binance, which serves more than 280 million users, described the collaboration as a step to open traditional capital markets to crypto investors, echoing comments from executives including Catherine Chen, Sandy Kaul, and Roger Bayston.