Franklin Templeton exec says tokenization drives institutional adoption

Major global financial institutions are accelerating their adoption of asset tokenization to enhance capital efficiency and liquidity, Cointelegraph reported. Speaking at the WAIB Summit 2026 panel discussion in Monaco, Rafael Mastroberardino, head of digital asset partnership development at Franklin Templeton, stated that tokenization provides institutions with more options and flexibility. He added that these advancements are driving banks and large corporations to launch tokenized products. Julien Clausse, head of the tokenization platform at BNP Paribas CIB, also explained that placing multiple assets on the same blockchain to interact could unlock new institutional use cases.