According to a TechFlow report on March 25th, Franklin Templeton announced a partnership with Ondo Finance to launch tokenized ETFs tradable 24/7 via crypto wallets. Initially available in Europe, Asia Pacific, the Middle East, and Latin America, the US launch date depends on regulatory developments. The five tokenized funds cover strategies including US stocks, gold, and high-yield bonds, with Ondo Finance providing 24/7 liquidity support. Token holders have income rights rather than access to the underlying assets, and the tokens can be used for DeFi collateralization and other scenarios. Ondo Finance currently manages approximately $2.7 billion in tokenized assets, while Franklin Templeton manages approximately $1.7 trillion in assets.
Franklin Templeton has partnered with Ondo Finance to launch a tokenized ETF that can be traded 24/7 via crypto wallets.
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