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Franklin Templeton Fund Shares Become Bybit Trading Collateral

TLDR — Bybit clients will be able to pledge tokenized shares of a Franklin Templeton money market fund as collateral for trading credit, under a collaboration the two firms are announcing on Monday.

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Bybit clients will be able to pledge tokenized shares of a Franklin Templeton money market fund as collateral for trading credit, under a collaboration the two firms are announcing on Monday. The shares stay in custody rather than moving onto the exchange, and their value is mirrored inside Bybit's... Read the full story at The Defiant

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