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Franklin Templeton

Bybit, Franklin Templeton Launch Tokenized Collateral Program

Bybit, Franklin Templeton Launch Tokenized Collateral Program

Dubai – September 28, 2026 -- Bybit and Franklin Templeton, a $1.7 trillion asset manager, have launched a collateral program letting institutional clients pledge tokenized money market fund shares to access trading credit on Bybit's exchange.

Institutional clients can now pledge Benji-issued fund shares for USDT or USDC credit lines

Eligible investors use ByCustody, Bybit's institutional custody platform, to pledge shares issued through Franklin Templeton's Benji Technology Platform, a blockchain-integrated recordkeeping and transfer agency infrastructure. The pledged value is mirrored inside Bybit's trading environment while the underlying assets stay off-exchange in custody, allowing clients to continue earning yield on holdings while using them to support trading activity.

YELL Names Raphael Blunschi CEO as Customer Base Tops 27,000

YELL Names Raphael Blunschi CEO as Customer Base Tops 27,000

New York – September 22, 2026 -- YELL, a payments platform serving consumers and small businesses, has appointed Raphael Blunschi as Chief Executive Officer as the company surpasses 27,000 customers as of September 2026.

Blunschi brings three decades of Swiss banking and asset management experience to YELL's leadership

Blunschi spent more than 30 years across Swiss banking, institutional asset management, and digital assets. He was a founding member of UBS's prime brokerage business and, at RMF/Man Group, built a multi-billion-dollar global managed account platform designed to make hedge fund exposures transparent and institutionally scalable. He then spent 13 years at K2 Advisors, a Franklin Templeton investment company, serving as Chief Administrative Officer, Executive Committee member, and fund board director for eight private funds.