TLDR
- BB Prime fuses tokenized Treasuries with DeFi for stacked onchain yields
- BounceBit & Franklin Templeton unlock real yield via tokenized Treasuries
- BB Prime launches with BENJI tokens powering DeFi yield strategies
- CeDeFi evolution: BB Prime merges U.S. yields with crypto arbitrage
- $10M buyback boosts BB token as BounceBit ramps CeDeFi innovation
BounceBit has partnered with Franklin Templeton to launch BB Prime, a CeDeFi structured product that actively utilizes tokenized Treasuries. This new product merges U.S. Treasury yields from Franklin Templeton’s tokenized money market fund with crypto basis trading strategies. The integration creates a yield-stacking mechanism by pairing real-world asset (RWA) returns with decentralized finance (DeFi) opportunities.
We’re proud to announce that Franklin Templeton’s tokenized money market fund is now integrated into BounceBit Prime.@FTI_Global's TMMF makes us the venue for the first active deployment of RWA in structured yield –– moving beyond passive holding into capital-efficient use. pic.twitter.com/BfR5bPq7bq
— BounceBit (@bounce_bit) August 5, 2025
BB Prime uses Franklin Templeton’s BENJI tokenized fund as collateral and a settlement asset in its structured yield platform. The fund, backed by short-term U.S. government securities, provides a stable on-chain yield source of around 4.5%. This structure allows BB Prime to combine RWA stability with crypto market dynamics for enhanced returns.
The partnership enables the first active deployment of tokenized Treasuries in real-time structured strategies. Unlike passive holding, this model puts tokenized assets to work within capital-efficient frameworks. BounceBit’s platform facilitates continuous use of tokenized Treasury products for yield generation in both centralized and decentralized venues.
Franklin Templeton’s BENJI Fund Powers Onchain Yield Collateralization
Franklin Templeton launched the BENJI token on public blockchains in 2021. Since then, it has structured the BENJI product line to meet the collateral needs of global clients across various sectors. The integration with BB Prime demonstrates the fund’s ability to serve beyond passive storage, entering active deployment in DeFi strategies.
BB Prime leverages BENJI tokens to secure funding and settlement across arbitrage and yield-generation positions. The tokenized fund plays a central role in enabling real-world collateral for algorithmic trading environments. This marks a shift from theoretical use to direct implementation of tokenized Treasuries within crypto-native products.
The launch underscores Franklin Templeton’s leadership in on-chain financial product innovation. Its BENJI fund records ownership on public chains and also secures active structured yield positions. This advancement reflects increasing interoperability between traditional asset management and DeFi infrastructure.
BB Token Buyback Supported by $10M in Protocol Revenue
BounceBit also announced a BB token buyback program funded by over $10 million in protocol revenue. This buyback aims to support long-term ecosystem growth and reinforce value around the BB token. The initiative signals growing confidence in the platform’s financial model and future scalability.
The buyback reflects the profitability of BounceBit’s structured yield strategies and reinforces trust in its token-based ecosystem. With stable revenue and tokenized Treasury integration, BounceBit strengthens its foundation within the CeDeFi landscape. The move also adds an incentive layer for participants engaging in the BB Prime platform.
The BB token ecosystem now benefits from revenue-backed support mechanisms. The combination of structured product innovation and token sustainability positions BounceBit as a frontrunner in the CeDeFi sector. The BB Prime launch sets the precedent for future structured platforms utilizing tokenized real-world assets.
