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Franklin Templeton Partners with Ondo to Launch ETF Tradable 24/7 in Crypto Wallets
ChainCatcher reports that, according to Bloomberg, asset management firm Franklin Templeton and Ondo Finance are launching a tokenized ETF version that can be traded 24 hours a day in crypto wallets, bypassing traditional brokerage accounts and limited trading hours. The products cover U.S. stocks, fixed income, and gold, with the first batch targeting investors in Europe, Asia-Pacific, the Middle East, and Latin America.
The five funds planned for tokenization include: a growth-oriented U.S. equity strategy fund (FFOG), a systematic large-cap stock fund (FLQL), a gold fund (FGDL), a high-yield corporate bond fund (FLHY), and a yield-focused U.S. equity strategy fund (INCE).