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Franklin Templeton teamed up with Ondo to launch an ETF that can be traded around the clock in a crypto wallet
According to Bloomberg, asset manager Franklin Templeton has partnered with Ondo Finance to launch a tokenized version of an ETF that can be traded 24 hours a day in a crypto wallet, bypassing traditional brokerage accounts and limited trading hours. Related products cover U.S. stocks, fixed income and gold, and are the first batch for investors in Europe, Asia-Pacific, Middle East and Latin America.<br />
The five funds planned to be tokenized include: a growth U.S. equity strategy fund (FFOG), a systemic large equity fund (FLQL), a gold fund (FGDL), a high-yield corporate bond fund (FLHY) and an income U.S. equity strategy fund (INCE).