NYSE:BENCapital Markets
Franklin Resources Explores Tokenization And Secondaries While Shares Trade Below Value
Franklin Resources (NYSE:BEN) has launched an institutional collateral program with Binance, allowing tokenized U.S. money market fund shares to be used as collateral.
The firm reports over US$3.5b in assets under management in its Franklin Lexington private equity secondaries strategy within roughly a year of its launch.
Franklin Resources continues to invest in AI and blockchain as part of its broader digital transformation efforts.
For you as an investor, these moves show how Franklin...