The BNB cryptocurrency (BNB) has updated the historical maximum, reaching about $ 903. Native Binance Token took off in price after messages The fact that the largest crypto officer has concluded a partnership with the investment company Franklin Templeton, writes RBC Crypto.
After the release, the BNB news rose from $ 888 to $ 906. The previous maximum was recorded on August 23 to $ 899.56, according to CoinmarketCap. At 17:30 Moscow time, token is trading about $ 901.
Now the BNB takes fifth place in capitalization ($ 125.4 billion) among the largest crypto assets, yielding only to bitcoin, Ethereum, XRP from Ripple and USDT stablecoin.
“Binance is united with Franklin Templeton, a world leader in the field of investment, under the control of which there are assets in the amount of $ 1.6 trillion, to develop new initiatives and products in the field of digital assets,” the exchange said in a statement.
The partnership is based on the idea of combining the experience of Franklin Templeton assets tokens with global Binance coverage. The investment companies noted that investors are increasingly interested in digital assets and cooperation with crypto -rises should help create new products from which customers will form the Potfels of the Future.
“Cooperating with Binance, we can use tokenization to provide solutions to the institutional level, such as our Benji technological platform, a wider circle of investors,” said Sandy Kaul, executive vice president and head of the Franklin Templeton Innovation Department.
The Benji platform provides tokenized access to the Franklin Templeton Onchain US Government Money Fund (Fobxx), which invests in American state securities. According to data Dune, under the control of Benji, are assets of $ 742 million.
Binance promised to publish more detailed information about cooperation and launching new products later this year. At the same time, the exchange team noted that new products may not be available in all regions.
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Source: Cryptocurrency
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