Franklin Templeton, Kraken Parent Payward Team Up to Tokenize Wall Street Products
The collaboration between Kraken and Franklin Templeton signals traditional finance's deepening embrace of crypto infrastructure.
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The collaboration between Kraken and Franklin Templeton signals traditional finance's deepening embrace of crypto infrastructure.
The post Kraken Parent Teams With Franklin Templeton to Bring Managed Funds Onchain appeared on BitcoinEthereumNews.com. Key Takeaways Payward and Franklin Templeton partnered on May 12, 2026, to build tokenized yield and equity products onchain. Kraken’s xStocks framework, with $30B+ in volume, will host Franklin Templeton actively managed strategies. BENJI token integration into Kraken expands institutional collateral and yield options for onchain capital. Payward Joins Franklin Templeton to Expand Real-World Asset Tokenization The partnership pairs Franklin Templeton’s roughly $1.74 trillion in assets under management with Payward’s xStocks tokenized equities framework, which has processed more than $30 billion in trading volume since its 2025 launch. At the center of the deal is a plan to build actively managed investment products directly on blockchain networks, allowing professionally managed strategies from a major traditional asset manager to become programmable and tradeable o
The collaboration signifies a shift towards integrating traditional finance with blockchain, potentially transforming global investment landscapes. The post Kraken parent Payward, Franklin Templeton to launch new suite of tokenized yield products appeared first on Crypto Briefing.
Payward Inc., the parent company of crypto exchange Kraken, and Franklin Templeton announced a strategic collaboration Tuesday to develop tokenized investment products and expand onchain financial infrastructure for institutional and retail clients. Payward Joins Franklin Templeton to Expand Real-World Asset Tokenization The partnership pairs Franklin Templeton’s roughly $1.74 trillion in assets under management with Payward’s […]