BounceBit integrates a tokenized fund for the CeDeFi product on BB Prime.

On August 5, BounceBit integrated Franklin Templeton’s BENJI cryptocurrency money market fund into the BB Prime platform, creatively combining U.S. Treasury bond yields with decentralized financial capabilities. This collaboration marks an important milestone in CeDeFi, aimed at attracting both traditional investors and cryptocurrency enthusiasts by providing financial products that combine leveraging real asset encryption. Franklin Templeton: A pioneer in the field of managed encryption assets Industry observers and analysts have noted the importance of actively integrating RWA, considering it an essential trend for the sustainable growth of DeFi. Specific statements from key leaders in participating organizations have reaffirmed their commitment to promoting digital assets. This integration reflects a strategic move towards the merger of CeFi and DeFi. It promises the potential to increase the flow of Total Value Locked (TVL) and stablecoins, while also bringing new opportunities for investors. The participation of institutions is enhanced, helping to further connect traditional and decentralized finance through this novel integration. “This is the first real-world application of treasury bonds that are encrypted in an active income strategy.” – Jack Lu, CEO, BounceBit Historical context, price data, and expert insights Did you know? Franklin Templeton was the first to encrypt a U.S. money market fund in 2021, paving the way for the integration of managed real asset yields into the DeFi ecosystem. According to CoinMarketCap, Basenji (BENJI) is currently priced at $0.02. The market capitalization is $16.51 million, with a total circulating and maximum supply of one billion tokens. The 24-hour trading volume reached $5.91 million, recording a price decrease of 3.24%. The past week saw a decline of 10.51%, while the last three months recorded an increase of 3.33%.

Experts believe that this collaboration is evidence of the growing trend of integrating encrypted financial tools into the DeFi landscape. This integration marks another step forward in the development of cryptocurrency-based income strategies, reflecting investor interest in combining security with innovative market mechanisms. @bounce_bit #BounceBitPrime $BB