BB Token Surges 40% After Franklin Templeton Integration and 5 Million BB Buyback on Binance

BBUSDT has experienced a significant price increase of 40.12% in the past 24 hours, rising from 0.1017 to 0.1425 USDT on Binance. This surge is primarily attributed to the recent integration of Franklin Templeton’s tokenized fund into BounceBit Prime, which enhances institutional-grade yield strategies and real-world asset exposure on the platform. Additional momentum has been driven by BounceBit’s partnership with BlackRock and the initiation of a buyback program, with over 5 million BB tokens repurchased using protocol revenue.

Currently, BBUSDT is trading at 0.1425 USDT on Binance, with a 24-hour trading volume of approximately 87.13 million BB (about 9.98 million USDT). The token has shown notable volatility, breaking key resistance levels and attracting increased trading activity following these institutional developments.