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Bybit to accept Franklin Templeton’s $687 million tokenized money market fund shares as collateral

Sep 28, 2026By ClusterWire.news· AI-assisted news brief

Bybit will let eligible clients pledge tokenized shares of a Franklin Templeton money market fund as collateral for trading credit. The shares remain in custody rather than being transferred to the exchange, while their value is reflected in Bybit’s system [1] [2].

Crypto.news reported the fund is valued at $687 million. The firms described the collateral program as the first step in a broader collaboration that may also bring tokenized investment products to wallet-based retail investors; further details were not provided in the available reporting [2] [3] [4].

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