Kraken Parent Payward Partners with Franklin Templeton on Tokenized Securities

Payward, the parent company behind leading cryptocurrency exchange Kraken, has formed a strategic partnership with global asset manager Franklin Templeton. This alliance is focused on promoting the growth of tokenized financial products in blockchain-centric markets.

The collaboration will enable the companies to develop and launch multiple tokenized assets, aiming to increase adoption and accessibility of these innovative financial instruments. By leveraging each other's expertise, they hope to expand the use cases for tokenized securities and bring more investors into the digital asset market.