Daily Market Updates: Franklin Templeton tokenized money market shares become Bybit collateral

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Franklin Templeton tokenized money market shares become Bybit collateral

Reported · Written up by our desk · Market Structure

Franklin Templeton has expanded access to its tokenized collateral service by bringing its tokenized money market shares to Bybit, according to CoinDesk.

The tokenized shares can be used as collateral for USDT or USDC trading credit lines on the exchange, while also earning yield on the underlying assets.

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CoinDeskCrypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit

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Franklin Templeton tokenized money market shares become Bybit collateral

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