Franklin Templeton Turns $1.83 Trillion Asset Management Company Towards Crypto Collateral
2026-09-29 03:15:06
CoinMeta Data: Franklin Templeton ( Franklin Templeton ) announces the transition of its $1.83 trillion asset management business to tokenized money market funds in collaboration with Bybit. Institutional clients can now pledge tokenized fund shares to obtain USDT or USDC credit lines without having to sell assets or transfer them to exchanges. This means that institutions can continue to earn income while unlocking new trading capital. Currently, the scale of tokenized money market funds has exceeded $9 billion, and real assets ( RWAs ) are rapidly shifting from passive investment to core crypto market infrastructure.
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