Franklin Templeton, Ondo Finance Bring 24/7 Tokenized ETF Trading to Crypto Users

Group 1 - Franklin Templeton and Ondo Finance are collaborating to offer tokenized versions of five Franklin Templeton ETFs, enabling access for those without traditional brokerage accounts [1][2] - The selected ETFs include a high-yield corporate ETF, a focused growth ETF, and a responsibly sourced gold ETF, aimed at providing around-the-clock trading [1] - The initiative is part of a broader strategy to integrate traditional investments with emerging financial ecosystems, focusing on expanding access while maintaining investment standards [3] Group 2 - Ondo's tokenized securities platform, Ondo Global Markets, has achieved over $620 million in total value locked (TVL) since its launch [3] - The new tokenized ETF offerings are not available to U.S. users, who are ineligible to trade on Ondo's platform [4] - Franklin Templeton has a history of engaging with tokenized assets, having launched its Franklin On-Chain U.S. Government Money Fund in 2021 and expanding to various blockchain networks [5] Group 3 - The collaboration follows recent developments in the industry, including the New York Stock Exchange's partnership with Securitize for tokenized securities and Nasdaq's SEC approval for testing tokenized securities [6]