Binance, the world’s largest cryptocurrency exchange, announced that it has partnered with another giant in the industry as it continues to form new partnerships.
Accordingly, Binance announced a partnership with $1.6 trillion asset manager Franklin Templeton.
Huge Partnership News from Binance!
Binance announced a partnership with Franklin Templeton, a global asset manager with over $1.6 trillion in assets under management, to develop new digital asset initiatives and products.
The collaboration aims to offer new investment opportunities by combining Franklin Templeton’s expertise in regulated tokenized securities with Binance’s global trading infrastructure and investor base.
Binance added that detailed information about the products is expected to be released towards the end of this year.
“Partnering with Binance will accelerate blockchain adoption in traditional finance,” said Sandy Kaul, Head of Innovation at Franklin Templeton. “We will provide tokenized assets to more traditional finance investors.”
BNB Sets a New Record!
Meanwhile, BNB broke a new record high, surpassing $905. This price surge followed Binance’s announcement of a partnership with Franklin Templeton, a global asset manager with over $1.6 trillion in assets under management.
BNB is trading at $903.8, up 2.7%, according to CoinMarketCap data.
*This is not investment advice.