Kraken Parent Payward and Franklin Templeton Partner on Tokenized Assets - CoinMarketCap
Payward (Kraken parent) and Franklin Templeton establish a strategic partnership to expand the distribution and integration of tokenized real-world assets, notably leveraging Franklin's OnChain U.S. Government Money Fund (BENJI).
Integrating Franklin Templeton's BENJI fund with Kraken's parent ecosystem broadens secondary market access and institutional distribution channels for tokenized treasuries. This bridges centralized exchange liquidity with on-chain yield-bearing instruments, lowering operational friction for institutional allocators seeking liquid cash equivalents.