James Richardson
Binance, the world’s largest crypto exchange, is teaming up with Franklin Templeton to roll out new tokenized asset products that bridge the gap between blockchain innovation and traditional markets.
The partnership aims to take tokenization “from concept to practice” by combining Franklin Templeton’s $1.6 trillion asset management expertise in onchain securities with Binance’s global trading reach and massive user base.
According to Franklin Templeton’s EVP of Innovation Sandy Kaul, the initiative will focus on delivering faster settlement times, stronger liquidity channels, and improved yield opportunities for investors.
Binance’s high trading volumes and broad distribution network could make secondary trading of tokenized funds and securities more accessible at scale, provided regulatory compliance is met.
Part of a Larger Push Into Tokenization
Binance described the deal as part of its ongoing mission to connect centralized exchanges with decentralized markets, offering solutions for both retail traders and institutional investors. While financial terms remain undisclosed, both companies said details on products and launch timelines will be released later in 2025, subject to jurisdictional approvals.
Franklin Templeton’s Head Start in Blockchain Adoption
Franklin Templeton has long been one of Wall Street’s leaders in tokenization. In 2021, it launched BENJI, a U.S.-regulated money market fund, on the Stellar blockchain — later expanding it to Ethereum, Solana, and other networks. Today, BENJI ranks among the largest government securities funds in decentralized finance (DeFi), according to PRIME’s data dashboard.
The Growing Tokenization Race in the U.S.
The Binance-Franklin Templeton partnership comes amid a broader tokenization race in Washington. Nasdaq has filed with the SEC to allow tokenized securities trading alongside traditional equities, while U.S. policymakers work on a comprehensive crypto market structure framework that will clarify how digital assets and DeFi should be regulated.
Outlook: A Turning Point for Onchain Finance?
With Binance’s global influence and Franklin Templeton’s asset management expertise, this collaboration could mark a turning point in the mainstream adoption of tokenized assets. If successful, it may accelerate the integration of blockchain into everyday financial markets — and reshape how both retail and institutional investors access securities.
