Binance, the well-known crypto exchange, has partnered with Franklin Templeton. As a a pat of this collaboration, Binance and Franklin Templeton are introducing an institutional collateral project. As per Binance’s official press release, the program will permit the use of tokenized money market fund (MMF) shares as collateral. The initiative marks a crucial landmark at the intersection of digital assets and traditional finance (TradFi).

Binance and Franklin Templeton (@FTDA_US @FTI_US) are launching an institutional collateral program, enabling tokenized money market fund (MMF) shares issued via Franklin Templeton’s Benji Technology Platform to be used as collateral on Binance.

This is the first initiative… pic.twitter.com/QS1ZKbBOCC

— Binance (@binance) February 11, 2026

Binance Brings Tokenized MMF Collateral to Institutional Users with Franklin Templeton

In collaboration with Franklin Templeton, Binance is introducing institutional collateral via the tokenized money market fund (MMF) shares. With this project, qualified institutional users are allowed to leverage the Benji Technology platform of Franklin Templeton for secure off-exchange deployment of MMF shares in the trading network of Binance. With the merger of regulated financial products and the robust blockchain technology, this developer endeavors improve capital efficiency along with decreasing counterparty risk.

Apart from that, the exclusive collateral project permits institutional players to utilize yield-bearing and regulated MMFs without transacting assets directly on a crypto exchange. At the same time, the tokenized fund shares are held off-exchange in some 3rd-party custody through Ceffu, the institutional crypto custody collaborator of Binance. Additionally, the value of these assets is reportedly mirrored within the trading landscape of Binance.

The setting deals with the longstanding challenge for institutional players, letting them engage with diverse digital markets in addition to maintaining liquidity, regulatory compliance, and custody protections. By utilizing tokenization, Binance and Franklin Templeton are establishing a mechanism allowing the seamless integration of conventional financial instruments into advanced digital trading streams. This ultimately opens exclusive avenues in the case of capital deployment and yield generation.

Accelerating More Effective, Faster, and Safer Trading for Institutions

According to Binance, the development underscores the wider market trends while institutional investors are increasingly looking for yield-bearing and stable collateral with 24/7 settlement cycle support. Franklin Templeton’s Head of Digital Assets stressed that the initiative lets users easily put assets they possess to work in 3rd-party custody alongside safe yield earning. Additionally, Ceffu’s CEO, Ian Loh, asserted that tokenized money market funds serve as a key instance of the way to modernize conventional financial products for a digital market, enabling relatively effective, faster, and safer trading.