Binance and Franklin Templeton reach cooperation to develop digital assets

According to Foresight News, cryptocurrency exchange Binance and global asset management company Franklin Templeton announced a cooperation to jointly develop digital asset-related plans. Sandy Kaul, director of innovation at Franklin Templeton, said blockchain is not a threat to traditional systems, but an opportunity to reimagine them. Catherine Chen, head of VIP and institutional account at Binance, said the partnership is part of Binance’s commitment to connecting cryptocurrencies with traditional markets. Specific products are expected to be announced later this year.
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