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BounceBit joins hands with Franklin Templeton to create a new credit layer for tokenized assets

2026-08-20 00:42:26
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BounceBit launches Borobudur credit layer

BounceBit has launched a new credit infrastructure layer, Borobudur, on top of its capital platform. The system allows holders of Franklin Templeton's BENJI positions to borrow a credit line denominated in $BB at a 0% interest rate, while their underlying assets continue to generate income.

How Borobudur works

Borobudur allows BENJI holders to obtain zero-interest credit lines without having to close positions. This function is implemented through BB Credit within the BounceBit portal, which essentially converts income assets into collateral and is priced in BounceBit's native token,$BB, for users to borrow.

The result is that users can both keep their earnings exposure unaffected and release liquidity at zero borrowing costs.

About BENJI

BENJI represents a share of Franklin Templeton's regulated U.S. government money market fund (officially known as FOBXX). The fund uses blockchain technology to process transactions and is one of the early examples of a large asset management company linking real-world fund infrastructure.

The token records ownership directly on blockchains such as Ethereum, Solana, Stellar, Avalanche and VeChain, and the fund itself is backed by U.S. government securities and is subject to regulatory oversight.

Building on existing partnerships

BounceBit incorporated BENJI into its revenue strategy for the first time in August 2025, laying the foundation for the basic cooperative relationship between the two platforms. Borobudur is the logical next step: not only allowing users to make gains from tokenized traditional assets, but also allowing them to borrow money to gain additional utility from these positions.

BounceBit Prime is a structured income product that integrates tokenized real-world assets, with cumulative transaction volume exceeding US$1.5 billion. BENJI serves as collateral in the BounceBit Prime capital efficiency strategy on BNB Chain.

Franklin Templeton, which manages US$1.6 trillion in assets, recently issued an additional US$1 million in BENJI tokens to support mortgage transactions within the BounceBit ecosystem.

Significance and Outlook

Through Borobudur, BounceBit further promotes the RWA (real-world asset) narrative, integrating tokenized traditional assets and on-chain credit into a unified system. For investors who hold shares of regulated funds in the chain, the update means capital no longer needs to be idle in order to maintain returns.

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