Franklin Templeton partners with Ondo to launch ETFs that can be traded 24/7 in crypto wallets.

PANews reported on March 25th, citing Bloomberg, that asset management firm Franklin Templeton , in partnership with Ondo Finance, has launched a tokenized version of ETFs that can be traded 24/7 in crypto wallets, bypassing traditional brokerage accounts and limited trading hours. The product covers US stocks, fixed income, and gold, initially targeting investors in Europe, Asia Pacific, the Middle East, and Latin America. Franklin stated that the launch date in the US market will depend on further clarification from regulators regarding the on-chain distribution of registered funds by third parties.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Privacy-focused stablecoin payment network Payy raises $6 million in seed funding, led by FirstMark Capital.
PANews Newsflash