Payward Partners with Franklin Templeton to Integrate BENJI and Develop Tokenized Yield Products

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Payward, the parent company of Kraken, announced a strategic collaboration with Franklin Templeton to expand tokenized financial products and institutional digital asset services. The partnership will integrate Franklin Templeton's BENJI tokenized money market funds platform across Kraken and develop a new suite of actively managed tokenized yield products designed for institutional users and eligible clients. The collaboration will also cover tokenized equities, qualified custody, and institutional crypto liquidity services. Payward's xStocks tokenized equities framework has processed more than $30 billion in volume since its 2025 launch.
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