Franklin Templeton is pleased to share that the BENJI token, representing shares of the Franklin OnChain U.S. Government Money Fund (FOBXX) is now being used as base collateral in structured yield strategies developed by BounceBit. This marks one of the first implementations of a regulated fund operating within on-chain financial infrastructure. BB Prime, BounceBit’s platform, will serve as a bridge connecting institutional fixed income with automated crypto execution. The platform supports regulated custody, smart contract-based capital allocation, and automated execution of strategies. BounceBit pioneers CeDeFi (centralized decentralized finance) infrastructure, offering institutional-grade yield products, restaking use cases, real-world asset (RWA) integration, making high-yield opportunities accessible to all. To learn more about Benji, prospectus: