Bybit Lets Institutions Use Franklin Templeton Tokenized Fund Shares As Collateral
TL;DR Bybit and Franklin Templeton have launched an off-exchange collateral program for eligible institutional shoppers. Tokenized money-market fund shares issued by means of Franklin Templeton’s Benji platform will be pledged whereas shoppers commerce on Bybit. The construction lets establishments maintain collateral in regulated custody relatively than shifting the property straight onto the alternate. Bybit is…