Search results for BENJI
Crypto
X hints at expanding crypto features, raising expectations of BTC payments and wallet integration
X may launch new crypto-related features after its head of product, Nikita Bier, wrote that the crypto market has had a tough year and that X may need to launch something to fix it. No official announcement has been made. Users on X floated ideas including instant bitcoin trading, stablecoin creator payouts, payments and wallet integration. Interest has also focused on possible links to X Money and recent hires with blockchain product experience.
Crypto
Flow Traders enters tokenised asset market via 24-hour OTC platform
Crypto market-making firm Flow Traders is entering the tokenised asset market through a 24-hour over-the-counter trading platform, The Block reported on March 19. The platform supports trading in tokenised money market funds, stocks and commodities, and provides two-way liquidity for assets including Franklin Templeton\'s onchain money market fund BENJI and Tether Gold. It is limited to pre-vetted institutional investors that complete onboarding and KYC procedures.
Crypto
Franklin Templeton teams up with Binance to allow off-exchange collateral for tokenised MMF
Franklin Templeton is working with Binance on a programme that allows institutional investors to use a tokenised money market fund as trading collateral while keeping assets off the exchange, Cointelegraph reported. The structure reflects collateral value within Binance without the exchange holding the assets. The tokenised fund is issued via Franklin Templeton’s Benji Technology Platform and managed by Ceffu Custody, approved by Dubai regulators.