BounceBit Prime surpasses $1.5B in cumulative volume with help from Franklin Templeton’s Benji
Key Takeaways
- BounceBit Prime exceeded $1.5B in cumulative volume, largely due to support from Franklin Templeton’s Benji token.
- Benji is a tokenized share of Franklin Templeton’s OnChain US Government Money Fund and acts as collateral in BounceBit Prime strategies on BNB Chain.
Share this article
BounceBit Prime, a structured yield product integrating tokenized real-world assets, has surpassed $1.5 billion in cumulative volume with significant contributions from Franklin Templeton’s Benji token.
Benji represents Franklin Templeton’s tokenized shares in its OnChain US Government Money Fund and serves as collateral within BounceBit Prime’s capital-efficient strategies on BNB Chain.
Franklin Templeton, which manages $1.6 trillion in assets, recently minted an additional $1 million in Benji tokens to support collateralized trading within the BounceBit ecosystem.
BounceBit Prime has reached over $10 million in total value locked, with its Benji Vault delivering a combined 13.31% APY from base yields and structured strategies.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zuckerberg: *The Social Network* Captured My Mannerisms, But Not My Life
- Mark Zuckerberg praised *The Social Network* for accurately replicating his Harvard-era casual style, including owned T-shirts and fleece jackets. - He criticized the film's narrative, calling its portrayal of his Facebook motivations and fabricated romantic subplot "completely wrong." - Zuckerberg highlighted Hollywood's struggle to grasp tech entrepreneurship's intrinsic appeal, emphasizing real-world innovation vs. dramatization. - Despite narrative disagreements, he bought the film's iconic "Ardsley
Zcash Halving Scheduled for November 2025: Triggering Market Fluctuations and Attracting Speculative Investments
- Zcash's November 2025 halving will cut miner rewards by 50%, mirroring Bitcoin's deflationary model and tightening supply. - Historical data shows post-halving price surges, with Zcash's price rising 472% since October 2025 amid $137M institutional inflows. - Privacy-centric features (30% shielded supply) and speculative demand drive volatility, but regulatory risks and competition pose challenges. - Market dynamics highlight tension between scarcity-driven optimism and macroeconomic uncertainties affect
Solana News Update: Solana ETFs See $15 Million in Investments Despite Token Price Decline
- Solana ETFs gained $14.9M on Nov 4, contrasting Bitcoin and Ethereum ETF outflows. - Institutional demand driven by Solana's 7-8% staking yields and tokenized asset infrastructure. - SOL price remains bearish, trading below 9-day SMA at $186.92 despite inflows. - Upexi's 2.1M staked SOL holdings signal long-term confidence in Solana's value.
Bitcoin Updates: Crypto Market Divides as Pessimism Clashes with Institutional Confidence in Ethereum
- US stocks closed mixed on Nov 7, 2025, as Bitcoin fell below $100,000 amid $711.8M in crypto liquidations. - ARK Invest boosted Ethereum exposure by buying $9M of BitMine shares, signaling institutional confidence in ETH treasuries. - UK aligns stablecoin rules with US by Nov 10, while crypto firms form consortium to standardize cross-border payments. - Coinbase and Block underperformed revenue forecasts, with Block down 9% despite $6.11B revenue. - Market remains divided between Bitcoin bearishness and
