Bybit partners with Franklin Templeton on tokenized investments
- —Agreement signed on September 28
- —Pro clients can pledge fund holdings as collateral and borrow USDC to trade
- —Fund assets stay in custody off-exchange, yields continue
- —Retail product planned via Bybit and the Mantle network
Why it matters: A major asset manager entering a crypto exchange reinforces the tokenization trend for traditional funds.
Source: Crypto Insiders