Global investment manager Franklin Templeton has worked with Binance to introduce a programme that uses a tokenised money market fund (MMF) as trading collateral for institutional investors, Cointelegraph reported on Tuesday.
Investors can use existing assets as collateral without moving them to an exchange.
The programme introduced by Franklin Templeton is designed to keep collateral off-exchange while reflecting it within Binance’s trading environment. This allows investors to support digital asset trading while maintaining existing regulatory protections.
The tokenised MMF is issued through Franklin Templeton’s Benji Technology Platform and is managed by Ceffu Custody, which has been approved by Dubai regulators. Binance reflects collateral value only within the exchange and does not directly hold the assets.
Roger Bayston (로저 베이슨), Franklin Templeton’s head of digital assets, said the programme aims to support trading in a secure way while customers generate returns using regulated assets.
Chi-gyu Hwang
delight@d-today.co.kr