According to Bloomberg, Franklin Templeton announced a partnership with Ondo Finance to launch tokenized ETF products tradable 24/7 via crypto wallets, initially available in Europe, the Asia-Pacific region, the Middle East, and Latin America, with a U.S. launch contingent on regulatory progress. Five tokenized funds cover strategies including U.S. equities, gold, and high-yield bonds, with 24/7 liquidity provided by Ondo Finance. Token holders have rights to earnings rather than direct ownership of the underlying assets and can use tokens in DeFi scenarios such as collateralization. Ondo Finance currently manages approximately $2.7 billion in tokenized assets, while Franklin Templeton manages around $1.7 trillion in total assets.
Franklin Templeton and Ondo Finance Launch Tokenized ETFs for 24/7 Crypto Wallet Trading
TechFlowShare
Summary
Franklin Templeton and Ondo Finance have launched tokenized ETFs available for 24/7 trading via crypto wallets. The products, informed by evolving Fear & Greed Index trends, are being rolled out across Europe, the Asia-Pacific region, the Middle East, and Latin America. Five funds cover U.S. equities, gold, and high-yield bonds, with Ondo providing liquidity. Token holders receive yield rights but not ownership of the underlying assets, making them suitable for use as DeFi collateral. Ondo manages $2.7 billion in tokenized assets, while Franklin Templeton oversees $1.7 trillion. Rising trading volumes in crypto markets have accelerated such innovations.
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