Cryptocurrency exchange Binance and asset manager Franklin Templeton have announced a strategic collaboration to develop digital asset initiatives targeting institutional and retail investors. The partnership will combine Franklin Templeton’s securities tokenization capabilities with Binance’s global trading platform and customer base. The collaboration aims to enhance capital market efficiency through blockchain technology, focusing on improved transparency, accessibility and settlement processes. Franklin Templeton manages $1.6 trillion in assets, while Binance operates as the world’s largest cryptocurrency exchange by trading volume and user count.