Kraken parent Payward, Franklin Templeton plan onchain investment products

Kraken parent Payward, Franklin Templeton plan onchain investment products

The partnership will focus on tokenized yield products, blockchain-based funds and institutional crypto markets.

Kraken parent Payward, Franklin Templeton plan onchain investment products - Technology Shout

Payward, the parent company of cryptocurrency exchange Kraken, is partnering with asset manager Franklin Templeton to expand the use of tokenized financial products for institutional investors. The companies said on Tuesday they would develop a range of blockchain-based investment products, including tokenized income products, tokenized shares and custody services related to digital assets. The move comes as major financial firms explore testing…

Franklin Templeton, Payward Partner on Digital Finance

Collaboration to accelerate adoption of tokenized investments, integrate BENJI (FT’s suite of global tokenized money market funds) and co-design a new suite of tokenized yield products. We’re excited to announce a strategic collaboration with Franklin Templeton, a global investment manager and leader in digital asset innovation, to bring traditional financial products onchain and expand their utility across digital asset markets. The program pai…

Payward, Franklin Templeton to Bring Actively Managed Funds Onchain in Tokenization Push

Payward, the parent company of Kraken, and Franklin Templeton have announced a strategic collaboration to bring traditional financial products onchain, pairing Kraken's crypto-native trading and custody infrastructure with one of the world's largest asset managers.The partnership covers four areas: tokenized equities, qualified custody, actively-managed yield products, and institutional access to crypto liquidity via Kraken's OTC and Prime servi…

Kraken’s Payward and Franklin Templeton target $30B tokenized equity push

The parent company of crypto exchange Kraken, Payward, and global investment giant Franklin Templeton are teaming up to advance tokenized finance, with an emphasis on tokenized equities and blockchain-based investment products. The partnership underscores how traditional finance firms and crypto companies are increasingly joining forces and competing to dominate what many perceive as the next major phase of global markets. Central to the plan is…

Franklin Templeton Kraken Partnership Goes On-Chain

Franklin Templeton's tie-up with Kraken's parent company points to a fresh push to bring Wall Street assets on-chain through tokenized funds for investors.Read more...