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Binance teams with $1.6-trillion asset manager Franklin Templeton on tokenization push
Binance, the world's largest cryptocurrency exchange, said Wednesday it is partnering with Franklin Templeton to develop tokenized asset products that combine blockchain technology with legacy markets. The tie-up intends to move tokenization "from concept to practice" by pairing the $1.6 trillion asset manager’s experience bringing securities onchain with the exchange's global trading infrastructure and distribution. Bringing faster settlement, improved yield, and better liquidity channels to more investors are major goals for the partnership, said Sandy Kaul, Franklin Templeton's EVP and head of ... (full story)
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