Franklin Templeton Partners with Ondo Finance to Tokenize ETFs
Franklin Templeton, a major asset manager, is partnering with Ondo Finance to tokenize its ETFs, aiming to enhance their utility for retail investors. This move is seen as a significant shift in traditional finance, with Sandy Kaul suggesting tokenization could revolutionize ETFs as ETFs once did for mutual funds. The partnership allows for new financial strategies involving blockchain-based assets.
Topics: blockchain crypto-native finance ETFs partnerships tokenization