Franklin Templeton Enables Tokenized Fund Shares as Collateral on Bybit

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Franklin Templeton has partnered with cryptocurrency exchange Bybit to allow its tokenized money market fund shares to serve as trading collateral. Users can leverage these tokenized shares to access USDT or USDC credit lines on the platform. The arrangement allows investors to continue earning yield on their underlying assets while using them as collateral. This move marks a notable step in bridging traditional asset management with decentralized finance infrastructure.

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