Binance Partners With Franklin Templeton to Develop Tokenization Products

Wait 5 sec.

TLDRBinance and Franklin Templeton announced a partnership to explore tokenization of securities with global trading infrastructureFranklin Templeton will provide expertise in compliant tokenization while Binance offers trading infrastructure and investor reachBinance expects to unveil security tokenization products later this yearThe partnership aims to bring greater efficiency, transparency, and accessibility to capital marketsFranklin Templeton manages $1.64 trillion in assets and was among the first issuers of spot Bitcoin ETFs in the USBinance, the world’s largest cryptocurrency exchange by trading volume, has formed a partnership with asset management giant Franklin Templeton to explore the tokenization of securities combined with a global trading infrastructure.The collaboration, announced on Wednesday, aims to take tokenization “from concept to practice” according to Roger Bayston, Franklin Templeton’s head of digital assets. The partnership brings together two major players from traditional finance and the cryptocurrency industry.“By working with Binance, we can deliver breakthrough products that meet the requirements of global capital markets and co-create the portfolios of the future,” Bayston stated in the announcement.Binance currently handles approximately $22 billion in daily crypto trading, significantly outpacing competitors such as CoinW and MEXC, which each process around $5 billion daily. The exchange plans to leverage its extensive trading infrastructure and investor reach as part of the partnership.#Binance is partnering with #FranklinTempleton @FTI_Global @FTDA_US to build tailored digital asset initiatives and institutional-grade solutions for a broad range of investors. We are committed to making digital finance more accessible and reliable in TradFi while bridging… pic.twitter.com/V9YR7Kk6ip— Binance (@binance) September 10, 2025Franklin Templeton, with $1.64 trillion in monthly assets under management as of August 2025, will contribute its expertise in compliant tokenization of securities. The firm has already established itself in the crypto space as one of the first issuers of a spot Bitcoin ETF in the US, launching the Franklin Bitcoin ETF (EZBC) in January 2024.Bridging Traditional and Decentralized FinanceSandy Kaul, head of innovation at Franklin Templeton, emphasized that tokenization technology has evolved from the “fringes to the financial mainstream.” Kaul noted that blockchain represents “an opportunity to reimagine” legacy systems rather than a threat to them.“By working with Binance, we can harness tokenization to bring institutional-grade solutions like our Benji Technology Platform to a wider set of investors and help bridge the worlds of traditional and decentralized finance,” Kaul explained.The Benji platform is Franklin Templeton’s blockchain-based investment service that already operates on multiple networks including Ethereum and Avalanche. The firm recently unveiled an “intraday yield” feature for the platform, allowing investors to earn yield on assets held for only part of a day.Franklin Templeton’s involvement with blockchain dates back to 2018 when it began digitizing shares for a money market fund on the Stellar blockchain. In 2021, the company announced a digital asset venture fund, demonstrating its ongoing commitment to blockchain technology.Expanding Tokenization OfferingsAs part of the newly announced partnership, Binance expects to introduce security tokenization products later this year, according to a spokesperson for the exchange. The joint statement indicated that these products would be “tailored for a broad range of investors,” though specific details were not disclosed.“The goal is to deliver innovative solutions to meet the evolving needs of investors by bringing greater efficiency, transparency and accessibility to capital markets with competitive yield generation and settlement efficiency,” the announcement reads.This collaboration follows other major developments in the tokenization space. Earlier this week, Nasdaq reportedly invested $50 million in the Winklevoss-founded crypto exchange Gemini, which already operates tokenization offerings globally.Nasdaq also recently filed a proposal with the US Securities and Exchange Commission seeking authorization to list tokenized stocks directly on its platform. These moves suggest growing interest in tokenization from established financial institutions.Binance’s partnership with Franklin Templeton represents another step in the convergence of traditional finance and cryptocurrency markets. The exchange’s U.S. affiliate, Binance.US, recently introduced zero trading fees on select pairs for Ethereum, Solana, and 20 other staking blockchains.Franklin Templeton’s Bitcoin and Ethereum ETFs have generated $303 million and $61 million in net investments, respectively, according to data from UK asset manager Farside Investors. The firm’s FOBXX product is a digitized fund that allows customers to invest in U.S. government securities on various blockchain networks.The forthcoming tokenization products from Binance and Franklin Templeton are expected to be announced later this year, with both companies emphasizing their goal of enhancing efficiency and accessibility in capital markets.The post Binance Partners With Franklin Templeton to Develop Tokenization Products appeared first on Blockonomi.