FranklinTempleton launches tokenized ETF to enable 7×24-hour crypto wallet trading

According to Bloomberg, Franklin Templeton announced a partnership with Ondo Finance to launch a tokenized ETF that can be directly traded in crypto wallets, enabling round-the-clock (7×24 hours) trading and 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 be launched in Europe, Asia Pacific, the Middle East and Latin America. The launch of the U.S. market still depends on further regulatory clarity on the distribution of registered funds in the chain.