Bybit Accepts Franklin Templeton Tokenized Funds as Trading Collateral

Key Facts

1Bybit has announced it will accept tokenized fund shares issued by Franklin Templeton's Benji platform as trading collateral.

2Eligible institutions can pledge fund shares for stablecoin credit lines while maintaining underlying assets in off-exchange custody.

Bybit has announced it will accept tokenized fund shares issued by Franklin Templeton's Benji platform as trading collateral. Cointelegraph reported that eligible institutions can now pledge these fund shares to secure stablecoin credit lines while maintaining the underlying assets in off-exchange custody.

The integration aims to bridge traditional finance and digital assets by allowing institutional investors to utilize yield-bearing tokenized assets for leveraged trading without liquidating their positions. This move strengthens crypto market infrastructure and enhances the utility of tokenized Real World Assets (RWA) for institutional liquidity.