Franklin Templeton Expands Tokenized Collateral Program to Bybit

Franklin Templeton has integrated its tokenized money market fund shares as collateral on the Bybit exchange, allowing users to obtain USDT or USDC trading credit while earning yield on the underlying assets. This marks the third major platform integration for the fund, following similar arrangements with Binance and OKX. The assets, totaling approximately $686 million, remain held by a regulated custodian.