Franklin Templeton Launches 24/7 Tradable ETF Targeted at Crypto Wallet Users

ONDO-0,98%

Gate News: On March 25, Franklin Templeton partnered with Ondo Finance to launch a 24/7 tradable ETF (Exchange-Traded Fund) for crypto wallets. The ETF is initially available in Europe, Asia-Pacific, the Middle East, and Latin America, with the U.S. market launch dependent on regulatory progress. The product includes strategies such as U.S. stocks, gold, and high-yield bonds, with Ondo Finance providing round-the-clock liquidity support. Token holders have rights to the收益 rather than ownership of the underlying assets, and it can be used in DeFi collateralization and other scenarios.

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