News
Public · Published
FRANKLIN TEMPLETON IS TAKING TOKENISED FUNDS DEEPER INTO CRYPTO WITH NEW FUND! Their fund shares can now be used as collateral on Bybit, another HUGE step for RWAs. Franklin has already seen major success tokenizing funds on @StellarOrg, could $XLM eventually find its way
Franklin Templeton is expanding tokenised funds by allowing its fund shares to be used as collateral on Bybit, the article says. It also notes the firm has already seen major success tokenising funds on StellarOrg.
Published:
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What happened
Franklin Templeton is expanding tokenised funds by allowing its fund shares to be used as collateral on Bybit, the article says. It also notes the firm has already seen major success tokenising funds on StellarOrg.
Confirmed
Global impact / market context
If fund shares count as collateral on Bybit, which means they can back loans or trades, holders gain a new use for those shares. That could pull more traditional fund money into crypto and lift demand for tokenised real-world assets.
Analyst inference
Franklin Templeton already tokenises funds on StellarOrg, so this Bybit collateral link extends that work into crypto trading. It may pressure rival asset managers to follow, while regulators watch whether fund shares can safely secure crypto trades.
Analyst inference
What to watch
- Whether Franklin Templeton provides more detail on how fund shares become usable as collateral on Bybit beyond this article. Confirmed
- Whether other crypto exchanges decide to accept tokenised fund shares as collateral, which would broaden their use. Proposed
- Whether $XLM or StellarOrg gains more tokenised fund activity, since the article asks if $XLM could find its way. Analyst inference