What did Franklin Templeton and BNP Paribas say about tokenisation?

Executives from Franklin Templeton and BNP Paribas said tokenised assets and stablecoins could improve capital efficiency, liquidity and collateral mobility across European financial markets. They believe blockchain technology can help modernise market infrastructure and streamline financial transactions.

Why are major financial institutions interested in tokenisation?

Tokenisation can make financial assets easier to transfer, settle and use as collateral. Institutions see potential benefits including faster settlement, lower operational costs and improved access to global markets.

How could tokenisation improve Europe's capital markets?

According to the executives, tokenisation could reduce friction in cross-border transactions, improve liquidity and make collateral more mobile between financial institutions. This could help capital move more efficiently throughout the European financial system.

What does Franklin Templeton mean by "optionality and flexibility"?

Franklin Templeton's Rafael Mastroberardino said tokenisation gives institutions more ways to manage, transfer and use assets. Blockchain infrastructure can support different financial products while offering greater programmability than traditional systems.

Why does BNP Paribas see value in blockchain-based financial markets?

BNP Paribas believes blockchain networks can support multiple asset types on a shared infrastructure. This interoperability could create new institutional use cases and enable more efficient interactions between financial products.

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Franklin and BNP back tokenisation for EU markets

Written by Liezl GambePublished Jun 12, 2026, 1:26 AM

Franklin Templeton and BNP Paribas executives say tokenised assets and stablecoins could improve capital efficiency and liquidity across Europe's financial markets as institutional adoption of blockchain technology accelerates.

Speaking at the WAIB Summit 2026 in Monaco, representatives from both firms outlined how tokenisation could streamline settlement processes, improve collateral mobility and support more efficient cross-border financial activity.

“Tokenisation offers institutions more optionality and flexibility,”

Said Franklin Templeton head of digital assets partnership development Rafael Mastroberardino.

BNP Paribas CIB head of tokenisation platform Julien Clausse said blockchain networks could unlock new institutional use cases by enabling multiple asset types to interact on the same infrastructure.

The comments come as major financial institutions increasingly explore tokenised products and blockchain-based settlement systems to improve operational efficiency and reduce friction in capital markets.

Several major US banks, including JPMorgan Chase and Bank of America, are reportedly working on a tokenised deposit network targeted for launch in the first half of 2027.

Wall Street's tokenisation push has also expanded into public markets, with Nasdaq receiving approval for a pilot programme involving tokenised securities and the New York Stock Exchange partnering with Securitize to develop blockchain-based trading infrastructure.

Institutional interest continues to attract significant capital, with Digital Asset recently raising $355 million to expand its Canton Network platform, which has already been piloted by financial institutions including BNP Paribas, Goldman Sachs, BNY Mellon, Standard Chartered and Deutsche Börse.