CoinMeta Data: Franklin Templeton announces the introduction of its $687 million tokenized money market fund into Bybit, allowing eligible institutional clients to use fund shares issued by Benji as over-the-counter collateral, while also obtaining trading credit limits from USDT or USDC. The collaboration was announced on September 28th, with the first project connecting Franklin Templeton’s Benji technology platform with Bybit’s trading infrastructure. As of August 31st, Franklin Templeton’s Onchain U.S. Government Money Market Fund ( FOBXX ) held a net asset value of $686.64 million. Each share of this fund is represented by a Benji token on Franklin Templeton’s blockchain integration record platform.