Franklin Templeton and Binance Advance Strategic Collaboration With Institutional Off-Exchange Collateral Program

Core Insights - Franklin Templeton and Binance have launched an institutional off-exchange collateral program, allowing institutions to use tokenized money market fund shares as collateral for trading on Binance, enhancing security and capital efficiency in digital markets [1][2] Group 1: Program Details - The program enables eligible clients to utilize Benji-issued tokenized money market fund shares as off-exchange collateral, alleviating a significant pain point for institutional traders [1] - Tokenized assets remain securely held off-exchange in regulated custody, reducing counterparty risk while allowing institutions to earn yield [1] - The custody and settlement infrastructure is supported by Ceffu, Binance's institutional crypto-native custody partner [1] Group 2: Strategic Collaboration - The collaboration between Franklin Templeton and Binance aims to bridge traditional finance and digital assets, making financial markets more efficient [1] - This initiative is part of a broader strategic partnership that began in September 2025, focusing on expanding off-exchange program networks [1] - The program responds to increasing institutional demand for stable, yield-bearing collateral that can settle 24/7, enhancing the trading experience on Binance [1] Group 3: Company Background - Franklin Templeton is a pioneer in digital asset investing and blockchain innovation, managing over $1.7 trillion in assets as of January 31, 2026, and operating in more than 35 countries [2] - Binance is recognized as the world's largest cryptocurrency exchange by trading volume and users, trusted by over 300 million people globally [2]