#BB 👋
BounceBit combines treasury yield and DeFi: BENJI from Franklin Templeton now on BB Prime
🏛 BounceBit integrates the tokenized fund BENJI from Franklin Templeton into its BB Prime platform, creating a bridge between the yield from US treasuries and crypto yield strategies.
💰 BENJI is an asset backed by short-term US bonds, and will now be used:
— as collateral in yield strategies;
— as a means of settlement within the platform;
— as a way to combine TradFi and DeFi yields in a single strategy.
📈 The market for tokenized securities has already surpassed $7 billion and is growing rapidly. The project builds on experience: previously, BounceBit tested the BlackRock token with a result of ~20% per annum.
🔍 This is an important step: institutional assets are entering the crypto space not just as "dead capital," but as part of yield strategies. Infrastructure like BB Prime could become the future hub for hybrid liquidity TradFi+DeFi.