Binance and Franklin Templeton have announced a large-scale partnership aimed at collaborating on digital asset creation and financial products for investors.
Goals of the Partnership
The partnership between Binance and Franklin Templeton aims to combine Franklin Templeton's experience in compliant securities tokenization with Binance's global trading infrastructure. This collaboration will open doors for innovative solutions that make capital investments more efficient and accessible.
Utilizing Tokenization in Finance
As Sandy Kaul, EVP at Franklin Templeton, explains, this collaboration views blockchain not as a threat to traditional finance, but as an opportunity to modernize it. Tokenization of assets can streamline settlements, reduce intermediaries, and improve transparency.
Launch of New Tokens on Binance
Binance has announced the launch of the Unibase (UB) token, which will debut on Binance Alpha. Trading is set to begin on September 12, 2025. Additionally, eligible users can claim a special airdrop using their Binance Alpha Points.
Thus, the partnership between Binance and Franklin Templeton is focused on creating modern and accessible digital financial solutions, enabling investors to manage their assets efficiently.