Tokenization in Gogo. It is a fact: the tokenisation in particular that of active active world (RWA), has become the new playground of the giants of the traditional finance. Whether it is the banks JP Morgan, Goldman Sachs or The US Nasdaq Stock Exchangeall want their share of the cake. Today is the great asset manager Franklin Templeton which is very interested in tokenization, and which has associate with crypto-bourse Binance To develop a new offer of digitized financial products on blockchains.
The key points of this article:
Franklin Templeton has teamed up with Binance to develop digitized financial products via tokenization. This collaboration aims to converge traditional finance and blockchain technologies, promising a broader adoption of digital assets.
Binance and Franklin Templeton combine to create token financial products
In a press release published on X this September 10, we therefore learn that Binance et Franklin Templeton will collaborate to create a new offer of Tokenized financial products which should see the light of day by the end of the year. On the one hand, there is the specialist in the sector of Bitcoin and cryptocurrencieswhich will provide its trading infrastructure and its investor base, and the other, the specialist in traditional finance which will bring its know-how (in particular regulatory) in the tokenization of securities.
“Binance joins Franklin Templeton to set up tailor -made initiatives in terms of digital assets and institutional level solutions for a wide range of investors.
We are committed to making digital finance more accessible and more reliable in the field of traditional finance, while bringing the two worlds together in order to offer new possibilities and promote a wider adoption. »»
Account x @binance
Tokenization is a big factor for the adoption of blockchain technologies
With their association, Binance and Franklin Templeton explain wanting to offer financial products innovative which will allow the speed and transparency Blockchain networks, while offering competitive return and effective transactions management. For Roger Baystonexecutive vice-president and director of digital assets at Franklin Templeton, “the objective is to pass the tokenization of the concept to practice «To allow investors» to gain in efficiency In the management of their investment portfolio. On the side of Binance, it is the Reinforcement of adoption of the Bitcoin sector which is underlined:
“(…) Our strategic collaboration with Franklin Templeton to develop new products and initiatives strengthens our commitment to bridge the bridge between the crypto and the traditional financial markets, and to open new possibilities. »»
Catherine Chen, responsible for VIP and institutional customers for Binance
After being Among the first to offer a Bitcoin Etf in cash In the United States in January 2024, Franklin Templeton therefore continued to dive more into the cryptosphere with this time tokenisation RWA. And the help of Binance, in essence a great specialist in the crypto sector, will greatly help this rapprochement with classical finance, in the modernizing.