Franklin Templeton and Binance have launched an institutional off-exchange collateral programme.
Eligible clients can now use tokenised money market fund shares issued through Franklin Templeton’s Benji Technology Platform as off-exchange collateral when trading on Binance.
The programme allows institutional traders to utilise regulated, yield-bearing money market fund assets in digital markets without transferring them onto an exchange.
Binance mirrors the value of Benji-issued fund shares within its trading environment, while regulated custody continues to hold the underlying assets.
This arrangement reduces counterparty risk and enables clients to earn yield while supporting trading activity without compromising custody, liquidity, or regulatory protections.
“Since partnering in 2025, our work with Binance has focused on making digital finance actually work for institutions,”
said Roger Bayston, Head of Digital Assets at Franklin Templeton.
“Our off-exchange collateral programme is just that: letting clients put their assets to work in regulated custody while safely earning yield.”
Catherine Chen, Head of VIP & Institutional at Binance, added:
“Partnering with Franklin Templeton to offer tokenised real-world assets for off-exchange collateral settlement is a natural next step in bringing digital assets and traditional finance closer together.”
Assets remain off-exchange in a regulated custody environment, with custody and settlement supported by Ceffu, Binance’s institutional crypto-native custody partner.
The initiative builds on Franklin Templeton and Binance’s strategic collaboration announced in September 2025.
Featured image credit: Edited by Fintech News Switzerland, based on image by user23413193 via Freepik
