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TRX Franklin Templeton tokenized fund shares accepted as Bybit trading collateral
CoinDesk, The Defiant and Cointelegraph report that Franklin Templeton's tokenized money market fund shares can be pledged as collateral for USDT or USDC credit lines on Bybit while continuing to earn yield. The Defiant adds that Franklin ran the same structure with Binance in February.
Why “Unverified”
- 3 independent sources (CoinDesk, The Defiant, Cointelegraph), but no primary confirmation
3 independent source groups across 3 posts · evidence score 90/100. How labels work
What the sources claim
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Franklin Templeton's tokenized money market shares can be used as collateral for USDT or USDC trading credit lines on Bybit while earning yield on the underlying assets.
“Franklin Templeton’s tokenized money market shares can be used as collateral for USDT or USDC trading credit lines on Bybit while earning yield on the underlying assets.”
CoinDesk -
Eligible clients can pledge Benji-issued money market fund shares for USDT or USDC credit lines while the shares stay in custody and keep paying yield.
“Eligible clients can pledge Benji-issued money market fund shares for USDT or USDC credit lines while the shares stay in custody and keep paying yield.”
The Defiant -
Franklin ran the same structure with Binance in February.
“Franklin ran the same structure with Binance in February.”
The Defiant -
Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody.
“Eligible institutions can pledge Benji-issued fund shares for stablecoin credit lines while keeping the underlying assets in off-exchange custody.”
Cointelegraph
Sources
Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-29 17:56 UTC. Labels are computed from the sources, not by the model.