Franklin Templeton Partners with Ondo Finance to Launch Tokenized ETF, Available for 24/7 Trading Through Crypto Wallets

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Deep Tide TechFlow News, March 25 — According to Bloomberg, Franklin Templeton announced a partnership with Ondo Finance to launch a tokenized ETF product that can be traded 24/7 via crypto wallets. Initially, it will be available in Europe, Asia-Pacific, the Middle East, and Latin America, with the U.S. launch date depending on regulatory progress. The five tokenized funds cover strategies including U.S. stocks, gold, and high-yield bonds, with Ondo Finance providing round-the-clock liquidity support. Token holders have rights to the income rather than the underlying assets, and the tokens can be used in DeFi collateralization scenarios. Ondo Finance currently manages approximately $2.7 billion in tokenized assets, while Franklin Templeton manages about $1.7 trillion in assets.

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