🔎 TODAY’S DAILY SIFT: THE CHAIN The biggest crypto story today is not crypto. It is what traditional assets are becoming. Franklin Templeton is bringing tokenized money market funds into Bybit as off exchange collateral. Investors can pledge the fund shares, borrow USDT or USDC against them and continue earning the underlying yield. One asset. Multiple functions. Investment. Yield. Collateral. Liquidity. Meanwhile Bullish, Equiniti, Alpaca, Apex Fintech Solutions and DriveWealth are pushing tokenized stocks toward direct links with official shareholder records. That matters because many stock tokens provide price exposure without actually making you a shareholder. The next generation wants both. Blockchain functionality. Real ownership. Then regulation moved too. SEC staff clarified that token buybacks on functional networks do not automatically turn those tokens into securities. Different stories. Same signal. Crypto is no longer simply creating alternative ass...