Binance and Franklin Templeton announced a partnership to work on tokenization of securities. The firms aim to pair compliant structures with global trading infrastructure. The plan targets efficiency in settlement and collateral use.
Roger Bayston, Franklin Templeton’s head of digital assets, set the goal.
“Our goal is to take tokenization from concept to practice for clients,”
he said. The statement focused on practical rollout at scale.
Sandy Kaul, Franklin Templeton’s head of innovation, outlined the approach. “We see blockchain not as a threat to legacy systems, but as an opportunity to reimagine them,” she said. She added that tokenization has moved closer to mainstream finance.

Tokenized Securities and Global Trading Infrastructure
Binance said it expects to unveil tokenization products later this year. A spokesperson shared the target timeline after the announcement. The exchange framed the effort as a way to streamline operations.
The partners said the work centers on tokenized securities design. They listed transparency, accessibility, and settlement efficiency as goals. The collaboration also points to cross-border client needs.
Franklin Templeton will provide expertise in compliant tokenization. Binance will contribute its global trading infrastructure and investor reach. Together, they plan products that meet requirements across major markets.
Franklin Templeton Track Record: Benji and Bitcoin ETF
The firm highlighted its Benji Technology Platform in the statement. Benji supports tokenized funds and related workflows. It offers a base for bringing regulated assets onchain.
Franklin Templeton manages $1.64 trillion in assets as of August 2025. That scale matters for institutions evaluating tokenization. It signals capacity to operate under strict oversight.
The company launched the Franklin Bitcoin ETF (EZBC) in January 2024. The Bitcoin ETF gives the firm hands-on experience with crypto products. That history supports the new tokenized securities effort.
Market Context: Binance Volume and Nasdaq Tokenized Stocks
Spot data from CoinGecko shows Binance handling about $22 billion daily. Volumes exceed many rivals by a wide margin. Liquidity remains a core strength for the exchange.
At the same time, Nasdaq advanced work on tokenized stocks. This includes a proposal to permit direct listing of tokenized securities. Related reporting also noted a $50 million Nasdaq investment in Gemini.
In the United States, Binance.US introduced zero trading fees on select pairs. The move covered Ethereum, Solana, and other staking assets. It arrived as tokenization gained attention across markets.
What the Tokenization Rollout Could Include
The partners referenced portfolios built with tokenized securities. They aim to support collateral management and faster settlement. Client demand appears focused on clear, compliant rails.
Binance brings listings, order flow, and a broad user base. Franklin Templeton brings regulated fund operations and the Benji Technology Platform. Together, they target global trading infrastructure that can scale.
The collaboration positions both firms inside the tokenization trend. It links traditional asset management with crypto exchange rails. The shared goal is to support regulated access at market size.


