BounceBit launches RWA yield platform based on Franklin Templeton on-chain government bond fund

C news, according to Digital Journal, BounceBit has officially launched its innovative yield platform BB Prime, which combines real-world assets (RWA) with crypto-native strategies. The platform utilizes Franklin Templeton's on-chain U.S. Treasury fund to achieve a new model of regulated on-chain yield.

BB Prime merges the security of treasury-backed assets with the efficiency of blockchain arbitrage, providing users with a way to participate in structured financial products without relying on traditional stablecoins. BB Prime operates on BounceBit's proprietary compliance infrastructure, supporting compliant custody, automated capital allocation, and seamless integration with centralized exchanges. Currently, BB Prime is open for pre-registration, targeting institutions and qualified users.