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[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 20 sources · 12 days · First seen · Last updated

Franklin Templeton tokenized asset expansion

Overview

Franklin Templeton has initiated efforts to expand the utility of tokenized assets through both commercial partnerships and regulatory engagement.

In late September 2026, the firm announced a strategic collaboration with Bybit to implement an off-exchange collateral program. This initiative allows institutional clients to use tokenized money market fund shares, issued via the Benji Technology Platform, as collateral for USDT or USDC trading credit lines. To mitigate counterparty risk, the underlying assets are held off-exchange with a regulated custodian, ByCustody.

By October 2026, Franklin Templeton entered discussions with the U.S. Securities and Exchange Commission (SEC) regarding the regulatory framework for these activities. The company is seeking clarity on necessary exemptions for trading tokenized money market funds and exchange-traded funds (ETFs) on blockchain-based liquidity pools. Specifically, the discussions focus on whether existing regulations governing fund pricing and order processing apply when tokenized interests are traded against stablecoins or tokenized equities, and how liquidity provider interests are legally classified.

Entities

Franklin Templeton · Benji Technology Platform · SEC · U.S. Securities and Exchange Commission · ByCustody

Timeline

  1. [BUSINESS] 2 sources
    Franklin Templeton discusses regulatory exemptions for tokenized funds with SEC

    Franklin Templeton is consulting with the SEC to seek regulatory exemptions for trading tokenized MMFs and ETFs on blockchain liquidity pools.

  2. [BUSINESS] 18 sources
    Franklin Templeton and Bybit partner for tokenized collateral

    Franklin Templeton and Bybit are partnering to allow institutional clients to use tokenized money market fund shares as off-exchange collateral for trading credit while continuing to earn yield.

Sources

bitcoinist.com · bitcoinke.io · bizrapidx.com · blockmedia.co.kr · blocktempo.com · businessnewsthisweek.com · coincu.com · cryptobriefing.com · cryptonomist.ch · ethnews.com · expansion.com · finbold.com · merca2.es · mpost.io · neweconomy.jp · onlinemediacafe.com · que.com · theqldr.com.au · tokenpost.kr · unchainedcrypto.com