Franklin Resources & Binance Unveil New Institutional Collateral Plan

Key Takeaways Franklin Resources and Binance launch off-exchange collateral for institutional crypto trading.Franklin Resources enables tokenized money fund shares as yield-bearing trade collateral.Binance mirrors collateral off-exchange, cutting counterparty risk and boosting efficiency.Franklin Resources, Inc. (BEN) and Binance announced the launch of a new off-exchange institutional collateral program, aiming to make digital asset trading safer and more capital-efficient. The launch is based on the strat ...