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Key Takeaways
- BounceBit Prime exceeded $1.5B in cumulative quantity, largely attributable to assist from Franklin Templeton’s Benji token.
- Benji is a tokenized share of Franklin Templeton’s OnChain US Authorities Cash Fund and acts as collateral in BounceBit Prime methods on BNB Chain.
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BounceBit Prime, a structured yield product integrating tokenized real-world belongings, has surpassed $1.5 billion in cumulative quantity with vital contributions from Franklin Templeton’s Benji token.
Benji represents Franklin Templeton’s tokenized shares in its OnChain US Authorities Cash Fund and serves as collateral inside BounceBit Prime’s capital-efficient methods on BNB Chain.
Franklin Templeton, which manages $1.6 trillion in belongings, lately minted a further $1 million in Benji tokens to assist collateralized buying and selling throughout the BounceBit ecosystem.
BounceBit Prime has reached over $10 million in whole worth locked, with its Benji Vault delivering a mixed 13.31% APY from base yields and structured methods.
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