Bybit, Franklin Templeton Partner to Expand Tokenized Investing
The two firms launch an off-exchange collateral program and plan tokenized wealth strategies for wallet-based investors.
Cryptocurrency exchange Bybit and global asset manager Franklin Templeton have announced a strategic collaboration aimed at broadening access to tokenized investing for both institutional and retail clients, the companies said Sunday.
The partnership launches with an off-exchange collateral program designed to unlock trading liquidity for institutional clients, allowing them to use tokenized assets as collateral without moving holdings onto an exchange — a structure intended to reduce counterparty risk while maintaining capital efficiency.
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Beyond the institutional offering, the two firms plan to develop tokenized wealth and yield-generation strategies accessible through wallet-based platforms, a move that signals growing industry momentum toward bringing traditional asset management products onto blockchain rails.
The announcement reflects a broader trend of established financial institutions deepening ties with crypto-native firms as regulatory clarity improves and demand for on-chain financial products grows among both professional and individual investors. Franklin Templeton, which already operates a tokenized money market fund on public blockchains, brings significant institutional credibility to the arrangement.
The collaboration was announced from Dubai, underscoring the Gulf region's continued emergence as a hub for digital asset partnerships and regulated crypto activity. Continue reading at Cryptocurrency.