BounceBit Integrates Franklin Templeton’s Tokenized Money Market Fund for Enhanced Yield Strategies

BounceBit Prime has integrated Franklin Templeton’s BENJI token, enabling institutional-grade yield strategies backed by U.S. Treasuries. The BENJI token represents shares of the Franklin OnChain US Government Money Fund (FOBXX), marking the first time a tokenized money market fund is used as collateral in yield products.

The integration combines real-world asset (RWA) yields with crypto execution, offering users exposure to ~4.5% yields from Franklin Templeton’s fund while accessing additional yield opportunities on exchange venues. Tokenized RWAs, including U.S. Treasuries, now surpass $7 billion as adoption grows in digital finance.

BounceBit Prime serves as a regulated execution venue for delta-neutral and basis yield strategies, leveraging smart contracts for automated allocation. The platform’s CeDeFi infrastructure bridges traditional finance with decentralized yield optimization.