Franklin Templeton is expanding its Benji Technology Platform to BNB Chain, marking a significant step in bringing tokenized investment products to broader audiences. This expansion leverages BNB Chain’s low-cost infrastructure and compliance features to enhance accessibility. The move follows recent partnerships and underscores growing institutional interest in blockchain-based financial solutions.
about Franklin Templeton Expands Benji Tokenization Platform to BNB ChainBounceBit
0 in Finance and 0 in Crypto last weekBitlayer Launches Bitcoin DeFi Bridge for Cross-Chain Interoperability
Bitlayer, a Bitcoin decentralized finance (DeFi) infrastructure startup supported by Franklin Templeton, has rolled out its smart contract bridge, BitVM, on mainnet. The bridge allows Bitcoin holders to deposit BTC into a smart contract, converting it into Peg-BTC (YBTC), a tokenized version designed for cross-chain compatibility and smart contract interaction. Bitlayer claims BitVM is a ‘trust-minimized bridging solution’ and has already partnered with networks like Sui, Base, and Arbitrum to integrate the technology. The move positions Bitlayer in direct competition with other Bitcoin DeFi protocols such as BabylonChain, Stacks, and BounceBit, as it seeks to expand Bitcoin’s utility in the DeFi ecosystem.
about Bitlayer Launches Bitcoin DeFi Bridge for Cross-Chain InteroperabilityJack Lu’s BounceBit Merges Bitcoin Safety with DeFi Flexibility
Jack Lu’s BounceBit is pioneering a hybrid CeDeFi model that combines Bitcoin’s security with DeFi’s flexibility, targeting investors hesitant about fully decentralized systems. The platform uses a dual-token system (BTC and BB) and offers innovative strategies like spot-futures arbitrage, yielding up to 30% annual returns. BounceBit has already drawn $400 million in investments and expanded into tokenizing real-world assets, such as US government bonds. Lu’s approach appeals to both crypto natives and traditional investors, though challenges like regulatory uncertainty and technical risks remain. With backing from major VCs and a derivatives platform offering 200x leverage, BounceBit is positioning itself as a key player in the evolving crypto-finance landscape.
about Jack Lu's BounceBit Merges Bitcoin Safety with DeFi FlexibilityBounceBit & BlackRock Launch RWA Yield Strategy with BUIDL
Financial infrastructure firm BounceBit is leveraging BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) to create a new RWA yield strategy, blending TradFi with blockchain. The strategy uses BUIDL as collateral for Bitcoin and stablecoin trades, potentially boosting APY by 24%. Tokenized by Securitize, BUIDL marks a milestone as the first active use-case for tokenized treasuries. BounceBit CEO Jack Lu highlights the dual benefit of capturing USD yields and funding rate arbitrage. The Bank for International Settlements (BIS) recently noted that RWA tokenization strengthens ties between crypto and TradFi, signaling growing convergence in financial markets.
about BounceBit & BlackRock Launch RWA Yield Strategy with BUIDLBounceBit and Hashnote Integrate USYC to Enhance CeDeFi Infrastructure
BounceBit has partnered with Hashnote Labs to integrate US Yield Coin (USYC), enhancing the CeDeFi infrastructure and facilitating real-world asset (RWA) integration with regulated yield solutions. This collaboration merges Western RWA innovation with Asian liquidity, promising institutional-grade compliance and efficient credit trading.USYC, backed by reverse repo agreements with US government securities, has seen significant growth, reaching a market cap of $1.6 billion. The initiative aims to improve capital efficiency and streamline transactions for institutions, positioning the RWA credit market for substantial expansion.
about BounceBit and Hashnote Integrate USYC to Enhance CeDeFi InfrastructureBB Token Expands to Ethereum Enhancing Cross Chain Accessibility and Liquidity
BB Token has expanded to the Ethereum blockchain, enhancing cross-chain access and liquidity through LayerZero’s Omnichain Fungible Token Standard. Users can now easily bridge BB tokens between the BounceBit Chain and Ethereum via a dedicated portal, improving the user experience and institutional capital integration. Official contract addresses for secure transactions have been provided, emphasizing the commitment to a more inclusive blockchain ecosystem.
about BB Token Expands to Ethereum Enhancing Cross Chain Accessibility and Liquidity