Bybit accepts Franklin Templeton tokenized fund shares as trading collateral
Franklin Templeton and Bybit launched a program that lets eligible institutions pledge Benji-issued money market fund shares as trading collateral.
- Franklin Templeton and Bybit allow eligible institutions to pledge Benji tokenized money market fund shares as trading collateral.
- The shares remain in off-exchange custody and can keep earning yield while used for trading.
- The arrangement lets institutions use fund shares beyond a simple buy-and-hold investment.