Franklin Templeton partners with Ondo to launch an ETF tradable in crypto wallets around the clock

Techub News reported, according to Bloomberg, that Franklin Templeton has partnered with Ondo Finance to launch a tokenized version of ETFs that can be traded 24/7 in crypto wallets, bypassing traditional brokerage accounts and limited trading hours. The related 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. Franklin stated that the launch timing in the U.S. market will depend on further clarification from regulators regarding the model of third-party on-chain distribution of registered funds.