Franklin Templeton Launches Tokenized ETF Enabling 24/7 Crypto Wallet Trading

BlockBeats News, March 25th, according to Bloomberg, Franklin Templeton announced a partnership with Ondo Finance to launch a tokenized ETF that can be traded directly in a crypto wallet, achieving 24/7 trading, breaking through the limitations of traditional brokerage accounts and trading hours.

The product covers asset classes such as U.S. stocks, fixed income, and gold, and will initially go live in Europe, Asia Pacific, the Middle East, and Latin America. The launch in the U.S. market is still subject to further clarity from regulators on blockchain-based exchange-traded funds.