Franklin Templeton brings ETFs on-chain as Ethereum hosts over $13B in tokenized assets
Franklin Templeton is launching two ETFs that can be traded directly through crypto wallets 24/7, marking a shift in how traditional financial products are accessed. One fund tracks the S&P 500, while the other focuses on short-term U.S. Treasuries. Both will be issued on Ethereum, enabling peer-to-peer trading without relying on traditional brokers or market hours. The move aligns with the growing tokenized real-world asset market on Ethereum, which has reached approximately $13.6 billion in value, with U.S. Treasury products making up the majority at $11.8 billion. The firm is collaborating with Ondo Finance to support the tokenized distribution of the funds.
ambcrypto03/25 17:24
