Franklin Templeton Partners with Ondo Finance to Tokenize ETFs
Franklin Templeton, in partnership with Ondo Finance, is tokenizing its ETFs, signaling a shift in traditional finance toward blockchain-based investment strategies. This move, according to Sandy Kaul, head of innovation at Franklin Templeton, could revolutionize how investors interact with ETFs by offering greater utility and flexibility. The tokenization allows for dynamic financial applications such as lending and collateral use.
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Topics: blockchain crypto-native finance ETFs investment innovation tokenization