Franklin Templeton Brings Tokenized Fund to Bybit as Trading Collateral

Franklin Templeton partnered with Bybit to let institutional clients use Benji-issued fund shares as off-exchange trading collateral. Clients can access USDT or USDC credit lines through ByCustody without selling their fund shares. The Franklin OnChain U.S. Government Money Fund held $686.64 million in net assets as of August 31.