Binance and asset manager Franklin Templeton announced a partnership to develop new digital-asset products, saying details will be disclosed later this year. The firms did not specify product types, but said the offerings will be tailored for a broad range of investors.
Roger Bayston, EVP and Head of Digital Assets at Franklin Templeton, said investors want access to digital assets that are “accessible and dependable.” He added the tie-up with Binance could “deliver breakthrough products that meet the requirements of global capital markets and co-create the portfolios of the future.”
Binance highlighted that combining Franklin Templeton’s experience in compliant tokenization with Binance’s global trading infrastructure and investor reach could increase efficiency, transparency, and accessibility in capital markets while improving yield opportunities and settlement speed. The exchange said the products will “bridge traditional finance and blockchain.”
Franklin Templeton, which manages more than $1.6 trillion in assets, moved into crypto in earnest last year with spot Bitcoin and Ethereum ETFs. Those funds attracted net investments of roughly $303 million and $61 million, respectively, per Farside Investors.
The firm has previous blockchain experience: it began digitizing shares on the Stellar blockchain in 2018 and launched a digital asset venture fund in 2021. Its FOBXX product tokenizes a money-market-like fund and runs on networks including Ethereum and Avalanche.
Why it matters: a collaboration between a top global exchange and a major asset manager could accelerate institutional access to tokenized products and narrow the gap between TradFi and crypto markets. Risks remain—product details, regulatory treatment, and underlying structures will determine investor suitability. This is not investment advice.
Source: Decrypt. Read the original coverage for full details.