Binance Partners with Franklin Templeton for Tokenized Money Market Funds

Binance collaborates with Franklin Templeton to enable institutions to utilize tokenized money market funds as collateral for trading on their platform.

In a significant move, Binance has joined forces with Franklin Templeton to allow institutional investors to leverage Benji-issued tokenized money market funds as off-exchange collateral. This innovative feature is made possible through the integration of Ceffu’s comprehensive custody solutions, enhancing trading capabilities on the Binance platform.