Bitcoin (BTC) and cryptocurrency exchange Binance has formally entered into a partnership with investment management firm Franklin Templeton to allow the use of traditional tokenized financial assets in support of commercial operations.
Starting today, February 11, investors can invest in shares of the Franklin On-Chain U.S. Government Money Fund (FOBXX), a tokenized money market fund that invests primarily in short-term U.S. Treasury securities. These shares will be issued and managed through Benji, a platform developed by Franklin Templeton for the tokenization and management of traditional financial assets.
The integration will be carried out through Binance’s custodian partner, Sef, which acts as a liaison between Franklin Templeton’s funds and the exchange. This scheme allows FOBXX Fund shares to act as collateral to support trading positions without having to be liquidated for cash or converted into stablecoins. At the same time, the assets continue to generate the fund’s own performance and remain in regulated custody, a Binance statement explained.
As reported by Binance, the program responds to demands by large operators for increased capital efficiency, liquidity, and operational protection. Through this mechanism, clients keep their assets under external protection and their value is reflected in operational capabilities within the platform.
Binance noted that this initiative will facilitate the use of regulated money market funds. Achieve performance in digital markets without the need to deposit directly on an exchange.
Risk mitigation and supervised storage
One of the central elements of this model is the separation of storage and operations. This structure reduces counterparty risk associated with a complete transfer of funds, as there is no need to deposit assets directly on an exchange.
While Ceffu maintains institutional custody, Binance recognizes the value of the fund’s shares as collateral for its operations. In this way, investors can support their trading activities without sacrificing regulatory protection or financial performance.
This integration becomes even more relevant given FOBXX’s consolidated position in the tokenized asset market. It currently ranks fourth in this rapidly growing segment by assets under management. This scale and recognition strengthens confidence in its use as a regulated quality guarantee for trading on Binance.
Digital infrastructure and future predictions
Today’s announcement is part of a partnership between Binance and Franklin Templeton that began in 2025 to develop investment products.
In September 2025, the two companies agreed to work on designing products that provide “agile payments, clear pricing, and access to competitive returns for a wide range of investors.” The strategic goal is Bringing together the operational benefits of traditional finance and cryptocurrency networksfaster speeds and lower fee costs, etc., as reported by CriptoNoticias.
As a result of this collaboration, Franklin Templeton’s Benji platform has been extended to the BNB Smart Chain (a network developed by Binance), expanding access to tokenized products. Additionally, the Benji platform is already running on other networks such as Stellar, Ethereum, and VeChain.
In the future, this over-the-counter collateral model may be extended to other financial products. The partnership reflects the trend toward schemes that can integrate the regulated custody of traditional assets with the operations of digital asset exchanges, expanding the options available to the institutional sector of the cryptocurrency market.
