Franklin Templeton Launches Tokenized ETF, Enabling 24/7 Cryptocurrency Wallet Trading

ONDO0.61%

BlockBeats News, March 25 — According to Bloomberg, Franklin Templeton announced a partnership with Ondo Finance to launch a tokenized ETF that can be traded directly within crypto wallets, enabling 24/7 trading and breaking through traditional broker account and trading hour restrictions.

This product covers asset classes such as U.S. stocks, fixed income, and gold, and will initially be launched in Europe, Asia-Pacific, the Middle East, and Latin America. The launch in the U.S. market still depends on further regulatory clarification regarding on-chain distribution of registered funds.

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