Binance accepts the BENJI tokenized money market fund from Franklin Templeton as collateral.
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Tokenization is taking a new step as Binance and Franklin Templeton roll out a program that links a tokenized money market fund to one of the world’s largest crypto exchanges. The plan allows institutional clients to use fund shares issued on Franklin Templeton’s BENJI platform as collateral on Binance.
Binance and Franklin Templeton Deepen Tokenization Push
Binance and Franklin Templeton have launched an institutional collateral program built around tokenized money market fund shares. The shares are those issued through Franklin Templeton’s Benji Technology Platform. The new setup allows users to post these digital shares as collateral on Binance.
The move is the first product launch under the partnership that both companies announced

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