Home BlockchainFranklin Templeton to Let Tokenized Money Funds Back Binance Trades

Franklin Templeton to Let Tokenized Money Funds Back Binance Trades

by CoinTelegraph
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Global investment manager Franklin Templeton announced the launch of an institutional off‑exchange collateral program with Binance that lets clients use tokenized money market fund (MMF) shares to back trading activity while the underlying assets remain in regulated custody.

According to a Wednesday news release shared with Cointelegraph, the framework is intended to reduce counterparty risk by reflecting collateral balances inside Binance’s trading environment, rather than moving client assets onto…

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