Franklin Templeton Enables Tokenized Fund Shares as Collateral on Bybit

Key Facts

Franklin Templeton enabled its tokenized money market fund shares to be used as collateral for stablecoin trading on Bybit. CoinDesk reported that the integration allows institutional traders to pledge these shares for USDT or USDC credit lines while simultaneously earning yield on the underlying assets.

The initiative aims to increase the utility of tokenized real-world assets (RWA) by allowing them to serve as productive collateral in crypto trading environments. This expansion reflects a broader trend of institutional adoption, as Franklin Templeton seeks to bridge traditional finance with blockchain-integrated infrastructure on the Bybit platform.