“Tokenization is plenty. This is a fact: tokenization, especially real assets (RWA), has become a new site for traditional financial giants. Whether banks such as JP Morgan, Goldman Sachs, or NASDAQ Stock Exchange, they all want to get their cake piece. Today is the great manager of the Franklin Templeton assets is of great interest in tokenization and just concluded […]”, – WRITE: Businessua.com.ua
Tokenization is plenty. This is a fact: Tokenization especially real assets ( Rwa ), has become a new site for traditional financial giants. Whether banks such as JP Morgan, Goldman Sachs, or NASDAQ stock exchange they all want to get their piece of cake. Today is the great asset manager Franklin Templeton shows great interest in tokenization and has just concluded Partnership with crypto -birch Binance to develop a new offer of digitized financial products on blockchain.
Key Moments of this article:
- Franklin Templeton collaborates with binance to develop digital financial products through tokenization.
- This collaboration aims to combine traditional blockchain finances and technologies, promising a wider introduction of digital assets.
In a press release published on September 10, we learned that Binance and Franklin Templeton will cooperate to create a new offer token financial products which should see the light by the end of the year.
On the one hand, there is a specialist in the sector Bitcoins and cryptocurrency who will give access to his trading infrastructure and investor base, and on the other hand, specialist with traditional finances which will bring its know-how (in particular, regulatory) to the tokenization of securities.
“Binance collaborates with Franklin Templeton to develop individual initiatives on digital assets and institutional level decisions for a wide range of investors.”
We strive to make digital finances more accessible and reliable within traditional finances, while combining these two worlds to open up new opportunities and promote their wider implementation. “
Account x @binance
Tokenization is the main driver of the introduction of blockchain technology Thanks to their Binance and Franklin Templeton partnership, they explain what they want to offer innovative financial products that will allow users to take advantage of speed and Transparency blockchain – networks, while offering competitive profitability and effective transaction management.
For Roger Bestone Executive Vice President and Digital Asset Head of Franklin Templeton, “The goal is to have to move tokenization from concept to practice »To allow investors’ to increase efficiency »In management of their investment portfolios. Binance, on the other hand, emphasizes Increasing implementation In the Bitcoin sector:
“(…) Our strategic cooperation with Franklin Templeton on the development of new products and initiatives reinforces our desire to overcome the gap between cryptocurrency and traditional financial markets and open up new opportunities.”
Catherine Chen, Head of VIP Department and Binance Institutional Customers
Once in January 2024 Franklin Templeton Among the first suggested ETF Bitcoin Cash In the United States, the company continues to dive deeper into the cryptosphere, this time with Tokenization Rwa . And the help of Binance, essentially a wonderful specialist in the cryptoctor, will greatly help this rapprochement with traditional finances, Having modernized their.
Source: Journalducoin.com
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