Franklin Templeton partners with Ondo Finance to tokenize five equities and gold ETFs for on-chain access.
Tech & Launches ·
Franklin Templeton has partnered with Ondo Finance to tokenize five equities and gold ETFs, making these investment products accessible on-chain. The tokenized offerings target investors who prefer managing assets through digital wallets rather than traditional finance channels.
The partnership enables 24/7 trading of the tokenized ETFs, removing constraints of traditional market hours. By moving these five Franklin Templeton funds onto blockchain infrastructure via Ondo Finance, the firms are bridging conventional asset classes with decentralized finance accessibility.
What remains unclear is the timeline for full product rollout, specific performance metrics or asset caps for the tokenized versions, and whether additional ETFs beyond the initial five may follow in the coming months.