🚨 Binance has announced a strong partnership with global asset manager Franklin Templeton to launch an OTC collateral program for institutional investors.
The program allows the use of shares from the tokenized money market fund (MMF) as collateral for trading on Binance, through the institutional custody platform Ceffu.
The most important feature? A significant reduction in counterparty risk as the assets are held outside of Binance.
The investor purchases the fund through the Benji network, and Binance opens an instant credit line for trading without direct fund transfers.
💡 This step confirms the acceleration of the integration of traditional finance with digital assets.
