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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.
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