TechFlow, September 10 — According to CoinDesk, Binance and Franklin Templeton have announced a collaboration to develop blockchain-based investment products aimed at bridging traditional markets with the cryptocurrency sector.
As stated in a release on Tuesday, the partnership will combine Franklin Templeton's expertise in securities tokenization with Binance’s trading infrastructure and global investor base. The goal is to create products offering efficient settlement, transparent pricing, and competitive yields for a broad investor audience.
Sandy Kaul, Head of Innovation at Franklin Templeton, said blockchain is not a threat to traditional systems but an opportunity to reimagine them. Catherine Chen, Head of VIP and Institutional Clients at Binance, stated that this collaboration is part of Binance’s commitment to connecting crypto with traditional markets.
Specific products are expected to be announced later this year.
