Franklin Templeton Asset Management has partnered with Ondo Finance to issue tokenized versions of five ETF funds tracking stocks, bonds, and gold, targeting crypto-native investors who use digital wallets instead of traditional brokers.
These funds will operate entirely on-chain, allowing 24/7 trading and integration into the DeFi ecosystem. Ondo will provide liquidity and hold the underlying ETF shares as collateral for the issued tokens.
The tokenized portfolios include: U.S. growth stock fund, large-cap stock fund, gold fund, high-yield corporate bond fund, and income-generating stock strategy. The issuance structure uses a special purpose vehicle (SPV), where Ondo purchases and safekeeps the underlying assets before issuing the corresponding tokens.
The tokenized assets include: U.S. growth stock fund, large-cap stock fund, gold fund, high-yield corporate bond fund, and income-generating stock strategy. The issuance structure uses a dedicated legal entity (SPV), in which Ondo acquires and holds the underlying assets before issuing the tokens.
Franklin Templeton is considered a pioneer in tokenization since 2021 with its OnChain U.S. Government Money Fund (BENJI) — currently the fourth-largest on-chain government bond product, managing over $1 billion in assets.
This new move marks a significant expansion into tokenization, amid many major financial institutions accelerating strategies to bring real-world assets (RWA) onto the blockchain.
Initially, the tokenized ETFs will be launched in Europe, Asia-Pacific, the Middle East, and Latin America. Meanwhile, the U.S. Securities and Exchange Commission continues to affirm that on-chain securities assets remain within the scope of existing securities laws.
Currently, Franklin Templeton manages approximately $1.7 trillion in assets, while Ondo Finance reports around $620 million in total value locked (TVL).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Scroll proposes to dissolve the Security Council; governance over protocol management will be transferred to a multisig address
Gate News message, April 14, Scroll released an important proposal for protocol governance, planning to dissolve the Security Council and transfer protocol management permissions to the Scroll Admin multisig address. The transition is expected to be completed within the next ten days. Scroll said that the operating costs of the Security Council are no longer reasonable compared with the actual usage in the past few quarters, and the related resources should be better used for product development and growth. Scroll will work with major stakeholders to explore a new Security Council structure that is more suitable for current market conditions.
GateNews4m ago
Ripple Treasury integrates NDepth, further enhancing interoperability between SWIFT and XRP
Ripple teamed up with NDepth to strengthen Ripple Treasury’s enterprise financial management solutions, integrating bank fee analysis, funds optimization, and financial data insights to improve compatibility with existing financial systems and provide institutional customers with better liquidity connectivity. This strategy reflects Ripple’s market positioning shift from replacing SWIFT to coexisting with it, laying the groundwork for expanding the institutional application ecosystem for XRP.
MarketWhisper6m ago
Genius published a whitepaper after the airdrop, and the token surged 850%—market cap broke past 800 million
Genius launched an airdrop on April 14, and the token value surged by 850%; at one point, FDV exceeded $820 million. The platform’s core is built around three key development directions, including privacy transactions, actively managed liquidity AMMs, and binary options tools. It designs a refund mechanism to protect users and promote token stability, but liquidity risk must be kept in mind.
MarketWhisper41m ago
Squads Emergency Alert: Address poisoning and forged multisig accounts; a whitelist mechanism will go live
Solana ecosystem multi-signature agreement Squads issued a warning, pointing out that attackers launched an address poisoning attack against users by using fake accounts to trick users into making unauthorized transfers. Squads confirmed that there was no loss of funds and emphasized that this is a social engineering attack rather than a protocol vulnerability. To respond, Squads has implemented protective measures such as a warning system, non-interactive account prompts, and a whitelist mechanism. This incident reflects the growing social engineering threats in the Solana ecosystem and has prompted ongoing security reviews.
MarketWhisper1h ago
NHN KCP partners with Avalanche to build South Korea's payment Layer 1, targeting next-second confirmation
Korean payment service provider NHN KCP and Avalanche developer Ava Labs have signed a memorandum of understanding to cooperate and jointly develop a Layer 1 network centered on payments, focusing on ultra-fast payment authorization, encryption of on-chain transaction data, and customizable merchant base infrastructure. Both parties plan to confirm technical feasibility through a proof of concept, expand digital commerce opportunities, and integrate traditional financial infrastructure with blockchain technology.
MarketWhisper2h ago
