Binance and Franklin Templeton join forces to promote digital asset products and initiatives.

Binance, the leading cryptocurrency exchange in terms of global registered users and volume, announced today a partnership with Franklin Templeton, a leading investment firm with Assets Under Management of $1.6 trillion, to collaborate on creating digital asset programs and solutions aimed at various types of investors.

Both parties will explore the combination of Franklin Templeton's expertise in the field of compliant tokenized securities with Binance's advantages in global trading infrastructure and investor reach to jointly develop innovative solutions. The goal is to achieve competitive returns and settlement efficiency by enhancing the efficiency, transparency, and accessibility of capital markets to meet the evolving needs of investors.

Sandy Kaul, Executive Vice President of Franklin Templeton's Innovative Business, stated: "As these tools and technologies move from the margins to the financial mainstream, such collaborations are crucial for accelerating adoption. We do not see blockchain as a threat to traditional systems but as an opportunity for reimagination. Through our partnership with Binance, we can leverage tokenization technology to bring our institutional-grade solutions like the Benji tech platform to a broader range of investors, thereby connecting the worlds of traditional and decentralized finance."

Roger Bayston, Executive Vice President of Franklin Templeton's Digital Asset Business, added: "Investors want to grasp the development trends of digital assets, but they also need products that are more accessible and reliable. With our collaboration with Binance, we will be able to launch innovative products that meet the needs of the global capital markets, jointly creating future investment portfolios. Our goal is to bring tokenization from concept to practice, helping clients achieve scalable efficiencies in settlement, collateral management, and portfolio construction."

Binance VIP and institutional business head Catherine Chen stated: "Binance has many successful achievements in pioneering solutions in the innovative encryption field, continuously opening up more opportunities and channels for investors. This strategic cooperation with Franklin Templeton to jointly develop new products and new plans further solidifies our commitment to bridging Crypto Assets and traditional capital markets, expanding more new opportunities."

More details about this collaboration and the new product launch plan will be announced by both parties later this year.

This article "Binance and Franklin Templeton Join Hands to Promote Digital Asset Products and Projects" first appeared in Chain News ABMedia.