CMC News

$BNB Surges Near $900 as #FranklinTempleton Partners With #Binance on Tokenization

#Binance has partnered with Franklin Templeton, the $1.6 trillion asset manager and a leading force in asset tokenization, to expand on-chain initiatives that combine traditional finance scale with decentralized infrastructure. The collaboration will see Franklin Templeton bring expertise in compliant #tokenization while Binance provides global trading access and liquidity.

The announcement triggered a sharp rally in Binance’s native token $BNB, which spiked to new all-time highs near $900. Market data showed $BNB briefly touching $902.55 before consolidating, marking a 29% gain so far in 2025 and more than 75% over the past year. Traders noted the move could push the asset closer to a four-digit range if momentum continues.

Roger Bayston, Franklin Templeton’s head of digital assets, said the firms are aiming to bring tokenization “from concept to practice” to improve settlement efficiency, collateral management, and portfolio construction at scale. He added that joint efforts with Binance will help create “portfolios of the future” tailored to the requirements of global capital markets.

Franklin Templeton has been among Wall Street’s early adopters of tokenized securities, launching its BENJI money market fund on Stellar in 2021 and later expanding to $ETH, $SOL and other networks. The fund now manages over $657 million through its tokenized vehicles. A partnership with Binance could see BENJI minted on #BNB Smart Chain, broadening investor access.