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According to CoinDesk, Franklin Templeton has expanded its "Over-the-Counter Collateral Program" to Bybit, allowing users of the exchange to use their tokenized money market fund shares for cryptocurrency trading. Users can use the shares as collateral to borrow stablecoins USDT or USDC, while the underlying assets continue to generate returns. The relevant shares represent approximately $686 million in net assets.The underlying assets will not be transferred to Bybit but will be held off-chain by the regulated custody platform ByCustody, with their value mirrored in the Bybit trading environment, thereby generating returns while releasing trading liquidity. The shares are issued through the Benji technology platform, which is Franklin Templeton's proprietary blockchain-integrated record-keeping and transfer agency infrastructure, currently paying an annualized return of 3.7% based on the latest 7-day interest rate.This is not Franklin Templeton's first foray into over-the-counter collateral partnerships, as it has previously offered tokenized money market funds to Binance and OKX clients. Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton, stated that investors can now use collateral more efficiently across major exchanges and earn returns from it, which is crucial for ecosystem growth. This expansion also reflects industry trends, with platforms like Crypto.com and Deribit allowing qualified users to use BlackRock's BUIDL fund as trading collateral.

According to SolanaFloor, Jump Crypto's Firedancer team will stop supporting the Solana transitional validator client Frankendancer after Alpenglow is activated on the Solana mainnet, with the upgrade expected to go live in October with v4.3.The team stated that the decision was made due to the maintenance and security burden, and they will subsequently focus resources on the complete Firedancer client.

On-chain data analysis platform Glassnode stated that two cities produced more than half of the Solana blocks, with Frankfurt accounting for 33% and Amsterdam for 19%.These two cities have a total of 310 validators, which represents 46% of the total 675 network validators, and 53% when calculated by staking volume.

Franklin Templeton's Chief Investment Officer for Crypto, Seth Ginns, stated that the current market is at a "turning point," where large investors will begin to allocate to liquidity crypto funds in unprecedented ways.Seth Ginns pointed out that this phase signifies a significant change in how institutional funds are allocating to crypto assets, and liquidity crypto funds are expected to see larger-scale participation from major investors.

Asset management company Franklin Templeton plans to incorporate the tokenized money market fund Franklin Onchain U.S. Government Money Fund (BENJI) as holdings or collateral into exchange-traded funds (ETFs) and mutual funds, involving an asset scale of approximately $2.6 billion, with the earliest launch possible in the fourth quarter.The U.S. Securities and Exchange Commission (SEC) has approved a no-action letter for this structure, allowing funds under Franklin Templeton to use BENJI for cash management and collateral purposes, but it still requires approval from the boards of the respective funds. The company currently manages over 130 ETFs and approximately $82 billion in ETF assets, with mutual fund assets around $790 billion.Franklin Templeton has distributed tokenized funds through digital wallets and plans to launch more tokenized products for cash or collateral management across its broader fund product line. The market size for tokenized assets has now exceeded $38 billion.

According to Bloomberg, Franklin Templeton announced plans to introduce tokenized assets into traditional investment funds and stated that it has obtained the first regulatory approval in the United States to allow digital native products for traditional funds.According to a letter published by the U.S. Securities and Exchange Commission (SEC), the company intends to embed its tokenized money market fund as holdings or collateral within ETF and mutual fund products.

Asset management giant Franklin Templeton announced that its first mortgage fund obligation (CFO) product, Franklin Templeton Structured Solutions 2026, has successfully completed fundraising of $1.5 billion. The aim is to provide investors with diversified and more efficient private market investment channels, with a portfolio covering strategies such as the private equity secondary market, continuation vehicles, and direct loans to U.S. mid-sized enterprises.As of the end of July 2026, Franklin Templeton's alternative asset management scale reached $295 billion, with its alternative investment platform covering multiple fields including the private equity secondary market, private real estate, private credit, venture capital, hedge strategies, and digital assets.

According to ChianCatcher news, as reported by CoinDesk, the U.S. SEC's Investment Management Division has issued a no-action letter to Franklin Templeton, allowing its registered funds to use the on-chain money market fund FOBXX (also known as BENJI) to manage cash and collateral via blockchain, rather than following traditional custody rules.This letter is based on Section 17(f) of the Investment Company Act of 1940 and Rule 17f-2, allowing registered funds to hold shares of FOBXX without meeting certain physical custody requirements. This supports intraday trading, hourly net asset value calculations, and faster transaction processing. FOBXX primarily invests in U.S. government securities and aims to maintain a stable share price of $1, and has expanded to multiple blockchains.

According to monitoring by Catcher Predict, in the market prediction event on Polymarket "Valorant: Gentle Mates vs Eintracht Frankfurt - VCT EMEA Qualifiers", the "Map 2 Total Rounds: Over/Under 21.5" sub-market's "Over" option win rate has experienced significant fluctuations, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

Asset management giant Franklin Templeton publicly expressed support for the CLARITY Act on platform X, stating that the act will clarify the regulatory approach to cryptocurrencies, inform investors of applicable protections, and specify which regulatory agency governs businesses. The company stated, "It's time to provide the clarity the industry needs."

According to CoinDesk, Franklin Crypto Chief Investment Officer Seth Ginns stated that although digital asset prices have not reflected the strongest fundamentals in the industry for years, institutional adoption of crypto is accelerating. Ginns pointed out that the momentum of the integration between traditional finance and crypto is strong, and believes that under current market conditions, liquidity crypto investments are becoming increasingly attractive.He mentioned that Robinhood's blockchain initiative is an example of the shift from traditional financial distribution to crypto infrastructure, with the tokenization of money market funds, tokenized stocks, and stablecoin adoption driving the integration of traditional finance and blockchain technology. Ginns expects that the Senate vote on the Clarity Act will provide institutions with more regulatory certainty and is optimistic about Hyperliquid's revenue-driven token buyback model. He also believes that DeFi protocols such as Uniswap, Aave, and Chainlink can benefit from improved token value capture mechanisms.

Blockchain data infrastructure startup Cambrian has completed a $6 million seed round financing, led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others.Cambrian also previously secured $5.9 million in pre-seed financing led by a16z Crypto Startup Accelerator, bringing the total funding to $11.9 million. It is reported that Cambrian was established in 2024 and currently provides APIs for institutions and AI Agents, covering real-time and historical on-chain data such as yield, risk, lending rates, trading activity, liquidity positions, and market sentiment, helping users allocate capital on-chain.The company plans to expand its existing APIs into a verifiable blockchain data oracle network, serving institutional financial clients, AI Agent builders, and protocols that need reliable data to control the flow of funds. Unlike traditional oracles that mainly provide price data, Cambrian aims to aggregate lending protocol data, DEX liquidity, social sentiment, developer activity, and historical market data.According to Cambrian, its platform has processed millions of API calls, currently indexing approximately $4.5 billion TVL across four major lending protocols, tracking 1,789 vaults under 895 curators, and monitoring over 320,000 DEX liquidity pools on Base and Solana. The company also plans to expand trading data support, adding Hyperliquid and richer perpetual contract data.

Franklin Templeton announced that it has completed the acquisition of the cryptocurrency asset management company 250 Digital. The deal includes its entire team and all liquidity cryptocurrency strategies previously managed by CoinFund. Franklin Templeton will also invest in related products.The company has simultaneously established a dedicated active digital asset management department, Franklin Crypto, led by Christopher Perkins as the head, with Seth Ginns serving as the Chief Investment Officer, and jointly led with Tony Pecore, a member of the Franklin Templeton Digital Assets investment team. Franklin Crypto will provide actively managed cryptocurrency investment strategies to institutional investors based on Franklin Templeton's existing digital asset research and risk management framework.

According to Solid Intel, asset management company Franklin Templeton has submitted a new ETF application to regulators, with a product structure that allows cash dividends from held stocks to be automatically reinvested in Bitcoin.

According to Jinshi reports, the CEO of Franklin Templeton stated that the company will participate in the SpaceX IPO.

According to Decrypt, Kraken's parent company Payward has announced a strategic partnership with asset management giant Franklin Templeton to bring some traditional financial products (including tokenized stocks and yield products) to the blockchain network. The two parties will integrate Franklin Templeton's tokenized money market fund BENJI into the Kraken platform as collateral and cash management tools for institutional clients.Payward's xStocks framework (which has processed over $30 billion in transaction volume since its launch last year) will collaborate with Franklin Templeton to explore new on-chain actively managed products, making its investment strategies available to institutions and some retail investors in specific jurisdictions. Franklin Templeton has also recently advanced its crypto business division, Franklin Crypto, by acquiring the crypto investment firm 250 Digital.

The dominance of the US dollar has always been a topic of concern, but Franklin Templeton believes that the dollar will remain the preferred currency. The Chief Investment Officer of the company's fixed income department, Sonal Desai, wrote in a report that the dollar's status is supported by three main pillars: the size of the world's largest economy, the depth of the market, and its institutional credibility.Sonal Desai pointed out that there are currently no reliable alternative assets, and it will take decades to establish the institutional infrastructure needed to support such a currency. The debate over the dollar's dominance has intensified, as Trump's erratic trade, geopolitical, and fiscal policies have weakened the appeal of US assets. Some analysts believe that the euro and gold are likely to become preferred reserve assets.

Binance founder Zhao Changpeng (CZ) reflected on the origins of BNB Chain in his new book, stating that the launch of BNB Chain coincided with the DeFi boom, which was not the result of his long-term planning. When the development team proposed to create this new public chain, he simply said yes and thereafter hardly participated deeply.CZ candidly stated, "In fact, I rarely make long-term plans. My principle is simple: when someone comes to me with a good idea, I give them ample resources and freedom to try."

According to market news, Franklin Templeton has agreed to acquire CoinFund's spin-off company as part of its digital asset expansion and is launching new crypto strategies aimed at institutional investors.