Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit
- Published
Franklin Templeton expanded its tokenized collateral service to Bybit, letting tokenized money market shares be used as collateral for USDT or USDC trading credit lines while the underlying assets continue to earn yield. The move adds another venue for a service that combines tokenized assets with exchange credit lines.
Key claims & sources
What it means
In practice, the setup now includes a tokenized collateral option on Bybit that was not named there before, while the credit line structure itself remains tied to USDT or USDC. The broader trading workflow is still exchange-based financing, but with tokenized money market shares added into it.
Market reaction i
Coverage timeline
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Crypto Briefing
context
Has this happened before?
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|---|---|---|
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