Binance, the world’s largest crypto exchange by trading volume, has entered into a partnership with the US crypto exchange-traded fund (ETF) provider, Franklin Templeton.
Binance and Franklin Templeton are collaborating to explore tokenization of securities combined with a global trading infrastructure, the crypto exchange announced on Wednesday.
“Our goal is to take tokenization from concept to practice for clients to achieve efficiencies in settlement, collateral management, and portfolio construction at scale,” said Roger Bayston, Franklin Templeton’s head of digital assets.
Following the partnership, Binance expects to unveil security tokenization products later this year, a spokesperson for the exchange told Cointelegraph.
Co-creating portfolios
“By working with Binance, we can deliver breakthrough products that meet the requirements of global capital markets and co-create the portfolios of the future,” Franklin Templeton’s Bayston said.
Sandy Kaul, head of innovation at Franklin Templeton, highlighted the importance of the partnership, observing that tokenization technology has been evolving from “fringes to the financial mainstream.”
“We see blockchain not as a threat to legacy systems, but as an opportunity to reimagine them,” Kaul said, adding:
“By working with Binance, we can harness tokenization to bring institutional-grade solutions like our Benji Technology Platform to a wider set of investors and help bridge the worlds of traditional and decentralized finance.”
As part of the partnership, Franklin Templeton is expected to deliver expertise in the compliant tokenization of securities, while Binance would provide its global trading infrastructure and investor reach.
“The goal is to deliver innovative solutions to meet the evolving needs of investors by bringing greater efficiency, transparency and accessibility to capital markets with competitive yield generation and settlement efficiency,” the announcement reads.
Binance handles $22 billion in daily crypto trading
At the time of the announcement, Binance is the world’s largest crypto exchange, handling $22 billion in trades daily, according to CoinGecko.
In terms of volume, Binance significantly outpaces other exchanges, like CoinW and MEXC, each trading around $5 billion daily.
Franklin Templeton is a major US investment firm, managing $1.64 trillion in monthly assets as of August 2025. The company is known as one of the first issuers of a spot Bitcoin (BTC) ETF in the US, debuting the Franklin Bitcoin ETF (EZBC) in January 2024, along with other issuers, including Grayscale Investments and BlackRock.
Franklin Templeton’s collaboration with Binance on tokenization projects marks another milestone in the emerging tokenization trend and major collaborations between big players in the traditional finance and the crypto industry.
Related: Kraken launches tokenized securities trading in Europe with xStocks
Earlier this week, Reuters reported that the US stock exchange operator Nasdaq reportedly invested $50 million in Winklevoss-founded crypto exchange Gemini, which already operates tokenization offerings globally.
On Monday, Nasdaq also filed a proposal for a rule change with the US Securities and Exchange Commission, asking the commission to authorize it to list tokenized stocks directly on its platform.
The news came amid Binance.US, the American affiliate of global crypto exchange Binance, introducing zero trading fees on select pairs for Ethereum, Solana and 20 more staking blockchains.
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