Kraken parent company Payward partners with Franklin Templeton to launch tokenized yield product

Techub News, according to CryptoBriefing, Kraken's parent company Payward has partnered with global investment management firm Franklin Templeton to launch a new generation of tokenized yield products and on-chain financial tools, aiming to integrate traditional finance with digital infrastructure. The collaboration will be based on Payward's xStocks framework (which has processed over $30 billion in trading volume) to support actively managed on-chain strategies, and will integrate Franklin Templeton's BENJI tokenized money market fund to provide transparent and programmable yield products for institutional and qualified retail users.