Kraken’s parent company Payward and asset manager Franklin Templeton plan to develop new onchain investment products, according to multiple reports. The collaboration focuses on creating tokenized versions of traditional financial offerings, including tokenized yield products. The partners also plan to work on blockchain-based fund structures and to explore institutional access to crypto markets.
While the outlets describe the scope of the work in broadly similar terms, details such as timelines, regulatory approvals, product formats, or jurisdictions are not specified in the excerpts provided. The reporting indicates the effort is intended to translate elements of Franklin Templeton’s existing financial instruments into onchain or blockchain-based forms that could be used within institutional investment frameworks.
Overall, the information suggests the partnership is centered on expanding tokenization and onchain distribution for investment products, potentially combining Payward’s crypto infrastructure capabilities with Franklin Templeton’s investment and funds expertise.
