Binance teams up with Franklin Templeton to use tokenized money market funds as off-exchange collateral
Analysis
Price Impact
HighBinance's partnership with franklin templeton to allow tokenized money market funds as off-exchange collateral significantly reduces institutional counterparty risk and capital friction. this innovation paves the way for substantial institutional capital to flow into the crypto ecosystem, particularly benefiting binance's platform and its native token.
Trustworthiness
HighThe news comes from coindesk, a reputable crypto publication, reporting on a collaboration between binance, the world's largest crypto exchange, and franklin templeton, a major traditional finance firm. the details outline a concrete program with clear benefits.
Price Direction
BullishThe program addresses a critical pain point for institutional traders by allowing them to use regulated, yield-bearing traditional assets as collateral without moving them onto an exchange. this enhances capital efficiency, reduces risk, and fosters greater trust, which is likely to attract significant institutional participation and liquidity, benefiting bnb and potentially the broader crypto market.
Time Effect
LongWhile immediate market reactions might be present, the integration of tokenized real-world assets and improved institutional infrastructure represents a foundational, long-term shift. this will likely lead to sustained growth and adoption over months and years rather than just short-term price movements.
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Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Binance teams up with Franklin Templeton to use tokenized money market funds as off-exchange collateral Institutions can now use Benji-issued tokenized money market funds as off-exchange collateral to trade on Binance using Ceffu’s custody layer. By Ian Allison | Edited by Stephen Alpher Feb 11, 2026, 8:00 a.m. Make us preferred on Google Binance sign (modified by Coindesk) What to know : The value of Benji-issued fund shares is mirrored within Binance’s trading environment. The tokenized assets themselves remain securely held off-exchange in regulated custody. Binance, the world’s largest cryptocurrency exchange, is working with crypto-friendly tradfi firm Franklin Templeton to offer an institutional off-exchange collateral program, making digital markets more secure and capital-efficient. The new service allows eligible clients to use tokenized money market fund shares issued through Franklin Templeton’s Benji Technology Platform as off-exchange collateral to trade on Binance using Ceffu’s, the exchange’s partner custody layer. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . The program alleviates a long-standing pain point for institutional traders by allowing them to use traditional, regulated, yield-bearing money market fund assets in digital markets without having to park them on an exchange, according to a press release. The value of Benji-issued fund shares is reflected in Binance’s trading environment, while the tokenized assets themselves are securely held off-exchange in regulated custody. This reduces counterparty risk, letting institutional participants earn yield and support their trading activity without hedging on custody, liquidity, or regulatory protections, the firms said. “Partnering with Franklin Templeton to offer tokenized real-world assets for off-exchange collateral settlement is a natural next step in our mission to bring digital assets and traditional finance closer together,” said Catherine Chen, Head of VIP & Institutional at Binance. Binance Franklin Templeton More For You Spark looks to build building a safe bridge between onchain capital and TradFi By Jamie Crawley , AI Boost | Edited by Stephen Alpher 2 hours ago Spark is opening access to its $9 billion stablecoin liquidity pool for hedge funds and other institutions to bridge onchain capital with off-chain credit markets. What to know : Spark has introduced Spark Prime and Spark Institutional Lending to serve hedge funds and other institutional crypto borrowers. The products allow access to more than $9 billion in on-chain stablecoin liquidity while keeping custody and risk controls off-chain. The move targets the much larger $33 billion off-chain crypto lending market, rather than DeFi alone. Read full story Latest Crypto News Spark looks to build building a safe bridge between onchain capital and TradFi 2 hours ago Hong Kong working to allow perpetual contracts, chief regulator says 2 hours ago Institutions fuel tokenized RWA boom as retail looks set to follow suit 4 hours ago Solana's Lily Liu champions internet capital markets at Consensus Hong Kong 2026 5 hours ago SkyBridge's Scaramucci is buying the bitcoin dip, calls Trump a crypto President 5 hours ago Hong Kong continues to support local digital asset community growth, chief executive says 6 hours ago Top Stories Crypto's banker adversaries didn't want to deal in latest White House meeting on bill 8 hours ago Sam Bankman-Fried files for new trial over FTX fraud charges 11 hours ago Robinhood misses Q4 revenue estimates as fourth-quarter results dinged by crypto slump 10 hours ago Citadel Securities backs LayerZero as it unveils ‘Zero’ blockchain for global markets 10 hours ago Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama 8 hours ago Concerns over Strategy selling bitcoin are 'unfounded,' Michael Saylor says 12 hours ago