Binance and Franklin Templeton join forces on tokenization ventures
Binance has partnered with the crypto ETF issuer Franklin Templeton to explore the tokenization of securities combined with a global trading infrastructure.
Binance, the world’s largest crypto exchange by trading volume, has entered into a partnership with the US crypto exchange-traded fund (ETF) provider, Franklin Templeton.
Binance and Franklin Templeton are collaborating to explore tokenization of securities combined with a global trading infrastructure, the crypto exchange announced on Wednesday.
“Our goal is to take tokenization from concept to practice for clients to achieve efficiencies in settlement, collateral management, and portfolio construction at scale,” said Roger Bayston, Franklin Templeton’s head of digital assets.