Franklin Templeton Partners With Binance to Develop Digital Asset Products

Investment manager Franklin Templeton and crypto exchange Binance announced a partnership on September 10 to develop new digital asset products. The collaboration follows Binance's $4.3 billion settlement with the U.S. DOJ, as it aims to enhance its regulatory standing.

Key Details of the Partnership

Franklin Templeton manages $1.6 trillion in assets.
Binance's trading infrastructure handled an average daily volume of $36.6 billion in Q1 2025.
The focus is on tokenization and delivering institutional-grade digital asset products.
Franklin Templeton has previously launched tokenized money market funds.
The partnership may enhance adoption of tokenized securities, particularly in fixed income and alternative investments.
Specific product details are not yet disclosed.
Future offerings may face regulatory challenges across different jurisdictions.

Executives from both firms emphasized the importance of providing reliable solutions for investors interested in digital assets. This collaboration positions Franklin Templeton to compete with major players like BlackRock and Fidelity in the crypto space.