Binance and Franklin Templeton Launch Tokenized MMFs for Off-Exchange Collateral (BNB, FTHO)

Binance and Franklin Templeton announce a collaboration to offer an institutional off-exchange collateral program using tokenized money market fund shares from Benji’s platform. Eligible clients can collateralize trades on Binance via Ceffu’s partner custody layer, enabling traditional, regulated, yield-bearing assets to be used in digital markets without being parked on the exchange. The program reflects tokenized assets in Binance’s trading environment while maintaining off-exchange custody, reducing counterparty risk and hedging needs. Tokenized assets are held in regulated custody, allowing institutional participants to earn yield and support trading activity without compromising on custody, liquidity, or regulatory protections. The initiative aims to bring digital assets closer to traditional finance by integrating real-world assets into crypto markets, enhancing capital efficiency and security for institutional participants.