Binance teams up with Franklin Templeton to use tokenized money market funds as off-exchange collateral

Institutions can now use Benji-issued tokenized money market funds as off-exchange collateral to trade on Binance using Ceffu’s custody layer. What to know : The value of Benji-issued fund shares is mirrored within Binance’s trading environment. The tokenized assets themselves remain securely held off-exchange in regulated custody.(Coindesk)