mfkmalik

Franklin Templeton and Binance have teamed up to launch an institutional off-exchange collateral program, allowing eligible clients to use tokenized money market fund shares as collateral when trading on Binance. This move is set to improve capital efficiency and reduce counterparty risk, making digital markets more secure and efficient.
Key Highlights:
- Off-Exchange Collateral: Clients can use tokenized money market fund shares issued by Franklin Templeton's Benji Technology Platform as collateral, keeping assets held off-exchange in third-party custody.
- Reduced Risk: Collateral value is mirrored within Binance's trading environment, reducing counterparty risk and allowing clients to earn yield on their assets.
- Strategic Partnership: The program builds on Franklin Templeton and Binance's 2025 collaboration, reflecting the growing convergence between traditional finance (TradFi) and digital assets.
Industry Impact:
- Increased Efficiency: Tokenized money market funds enable 24/7 settlement cycles and integrate into existing governance and risk frameworks.
- Growing Demand: Institutions seek stable, yield-bearing collateral to support their trading activities.
Expert Insights:
- "Our off-exchange collateral program lets clients easily put their assets to work in third-party custody while safely earning yield in new ways," said Roger Bayston, Head of Digital Assets at Franklin Templeton.
- "Partnering with Franklin Templeton opens up new opportunities for investors and shows how blockchain technology can make markets more efficient," said Catherine Chen, Head of VIP & Institutional at Binance.
This program marks a significant step towards bridging the gap between traditional finance and digital assets, offering institutions a more efficient and secure way to manage their assets.
#Binance #Partnership #FranklinTempleton #CollateralProgram #Mfkmalik

Goldman Sachs has made a significant move, disclosing over $2.36 billion in crypto exposure in its Q4 2025 13F filing. This includes $1.1 billion in Bitcoin, $1 billion in Ethereum, $153 million in XRP, and $108 million in Solana. To put this into perspective, these crypto holdings represent about 0.33% of Goldman Sachs' total assets under management, which exceed $1 trillion.
Goldman Sachs' Crypto Holdings:
- Bitcoin: $1.1 billion $BTC
- Ethereum: $1 billion $ETH
- XRP: $153 million $XRP
- Solana: $108 million $SOL
This move signals a shift in Goldman Sachs' stance on cryptocurrency, as it had previously been skeptical about Bitcoin's value. The bank's exposure is primarily through ETFs, which hold Bitcoin on behalf of shareholders and track the asset's price.
Strategy: The holdings are aimed at providing client-driven liquidity and exposure to crypto, with recent adjustments involving a 39.4% reduction in Bitcoin and 27.2% reduction in Ethereum ETFs during Q4 2025, alongside new positions in XRP and Solana.
These holdings reflect a cautious but growing integration of digital assets into traditional banking portfolios, with a focus on ETF-based, regulated products.
Risk Management: The portfolio includes over $600 million in put options, indicating hedging against volatility.
The firm's shift from skepticism to significant investment indicates a strategic embrace of digital assets, driven by client demand.
What do you think about Goldman Sachs' crypto investment strategy? Will other major banks follow suit?
#GoldManSachs #BTC #ETH #SOL #Mfkmalik