Payward and Franklin Templeton plan tokenised investment products

Payward and Franklin Templeton announced a collaboration on 12 May covering tokenised investments, custody and institutional liquidity. They plan to integrate BENJI, Franklin Templeton’s tokenised money-market-fund products, and explore new actively managed, yield-focused offerings through Payward’s infrastructure.

The statement combines existing platforms with products still being designed. It does not mean every Franklin Templeton strategy became immediately tradable on Kraken. Payward says access would begin with institutional clients and extend more broadly only where permitted. The disclosure also separates Franklin Templeton’s management role from the creation and distribution of tokenised products by Payward. For a user, the issuer, distributor, underlying strategy and eligibility rules remain separate parts of the arrangement.