Dwelling » Ecosystem » BounceBit Prime surpasses $1.5B in cumulative volume with aid from Franklin Templeton’s Benji
The integration of tokenized executive funds is reworking yield abilities whereas regulatory toughen boosts institutional adoption of digital sources.
Photo: Jump Bit
Key Takeaways
- BounceBit Prime exceeded $1.5B in cumulative volume, largely on account of toughen from Franklin Templeton’s Benji token.
- Benji is a tokenized a part of Franklin Templeton’s OnChain US Authorities Money Fund and acts as collateral in BounceBit Prime solutions on BNB Chain.
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BounceBit Prime, a structured yield product integrating tokenized staunch-world sources, has surpassed $1.5 billion in cumulative volume with necessary contributions from Franklin Templeton’s Benji token.
Benji represents Franklin Templeton’s tokenized shares in its OnChain US Authorities Money Fund and serves as collateral within BounceBit Prime’s capital-efficient solutions on BNB Chain.
Franklin Templeton, which manages $1.6 trillion in sources, these days minted an further $1 million in Benji tokens to toughen collateralized trading within the BounceBit ecosystem.
BounceBit Prime has reached over $10 million in complete fee locked, with its Benji Vault delivering a blended 13.31% APY from defective yields and structured solutions.
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