Franklin Templeton and Binance have launched a new institutional off-exchange collateral program, allowing tokenized money market fund shares issued through Franklin Templeton’s Benji platform to be used as collateral for trading on Binance. The program aims to bring traditional regulated assets into digital markets without exposing them to exchange custody risks.
⚡️Benji Technology Platform x @binance x @CeffuGlobal⚡️
Off-Exchange collateral mirroring program now live, allowing tokenized money market fund shares issued through the Benji Technology Platform to be used by institutional clients as collateral for trading on Binance using… pic.twitter.com/LFQfZG5VNV
— Franklin Templeton Digital Assets (@FTDA_US) February 11, 2026
Tokenized assets meet regulated custody
Under the program, institutional clients can leverage Benji-issued tokenized money market funds as off-exchange collateral. The tokenized assets remain securely held in regulated custody, while their value is mirrored within Binance’s trading environment. This reduces counterparty risk, allowing investors to earn yield on traditional financial instruments while participating in digital markets. Custody and settlement infrastructure is provided by Binance’s institutional partner, Ceffu, which ensures high security and regulatory compliance.
“Since partnering in 2025, our goal has been to make digital finance work for institutions,”
said Roger Bayston, Head of Digital Assets at Franklin Templeton. “This program allows clients to deploy their assets safely and efficiently while generating yield, demonstrating how tokenized real-world assets can integrate seamlessly with modern trading platforms.”
Bridging traditional finance and crypto
Catherine Chen, Head of VIP & Institutional at Binance, added, “This collaboration is a key step in linking traditional financial instruments with blockchain markets. Tokenized off-exchange collateral enhances capital efficiency and opens new opportunities for institutional investors.”
The initiative supports 24/7 settlement, expands the range of yield-bearing assets available to institutions, and strengthens the integration of traditional finance into blockchain-powered markets. By using Benji to tokenize money market funds, Franklin Templeton and Binance are creating a model that combines regulatory oversight, security, and the efficiency of digital finance, making institutional trading in crypto markets safer and more accessible.
Meanwhile, Binance holds roughly 87% of USD1’s total supply, about $4.7 billion of the stablecoin’s $5.4 billion market value. The figure, based on Arkham Intelligence data, includes assets in Binance-controlled wallets as well as USD1 held by users on the platform.
Enjoyed this piece? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads and CoinMarketCap Community for seamless access to high-quality industry insights.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
