BounceBit introduces the Franklin Dupton Tokenized Fund for its Treasury Bond Yield Strategy

By: theblockbeats.news|2025/08/05 21:42:16
0
Share
copy

BlockBeats News, August 5th, the cryptocurrency infrastructure platform BounceBit is introducing Franklin Templeton's Tokenized Money Market Fund into its structured income platform BB Prime, combining US Treasury yield with cryptocurrency funds and basis arbitrage strategy to create an innovative product of CeDeFi (Centralized and Decentralized Finance integration).


This tokenized fund belongs to the BENJI product series and will serve as collateral and settlement tool in the investment strategy. Through this approach, investors can not only receive the underlying Treasury yield, but also overlay other sources of income. Franklin Templeton is one of the earliest traditional asset management institutions to issue tokenized funds on public chains, having launched the first tokenized US money market fund BENJI as early as 2021. The company stated in a release: "We have designed the BENJI tokenized money market fund series to meet the diverse needs of retail, wealth management, institutions, banks, and collateral around the world."


BounceBit works closely with Franklin Templeton to substantially integrate BENJI tokens into its active income strategy. BounceBit CEO Jack Lu stated that this marks "the first real-world application of tokenized Treasury bonds in an active income strategy."

-- Price

--

You may also like

Uniswap is trapped in an innovation dilemma

The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...

What is the key to competition in crypto banking?

Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Popular coins

Latest Crypto News

Read more