Franklin Templeton Expands Tokenized Collateral Services to Bybit
Source：
www.coindesk.com
According to CoinDesk, asset management firm Franklin Templeton announced the expansion of its "OTC collateral program" to cryptocurrency exchange Bybit. Through this partnership, platform investors can pledge tokenized money market fund shares valued at approximately $686 million in net assets as collateral to secure USDT or USDC trading credit, while continuing to earn returns on the underlying assets during the pledge period (the latest 7-day annualized yield is approximately 3.7%).
