RT Crypto.com Research & Insights (@cryptocom_rni)DeFi+L1L2 Update:🔐 Quantum researchers warn blockchain cryptography could be hacked with fewer resources⛓️ Privacy L2 Aztec launched its Alpha network✨ Franklin Templeton and Ondo Finance partnered to launch tokenized ETFsFull details 👇https://t.co/cTLVrEGKve https://t.co/hmXeEP9NjS ...

Core Viewpoint - Franklin Templeton is launching new tokenized ETFs that will trade 24/7 within cryptocurrency wallets, enhancing accessibility for investors [1][2]. Group 1: Product Offering - The new tokenized ETFs will cover U.S. equities, fixed income, and gold, with an initial focus on investors in Europe, Asia-Pacific, the Middle East, and Latin America [3]. - The firm has introduced a Franklin Crypto Index ETF, which is primarily composed of Bitcoin, accounting for three-quarters of its assets [4]. Group 2: Technological Advancements - The launch of tokenized stocks and blockchain infrastructure allows for real-time trading at any hour, with major exchanges like NYSE and Nasdaq moving towards tokenized securities [5]. - Franklin Templeton's Benji Technology Platform, launched in 2021, was the first U.S.-registered money market fund on a blockchain, currently managing $557 million in assets [3]. Group 3: Market Context - The global market for tokenized real-world assets surpassed $22 billion in 2025, indicating significant growth in this sector [5]. - Franklin Templeton's stock (BEN) has increased by 19% over the past year, currently trading at $23.89 per share [5].

Core Viewpoint - Franklin Templeton is set to launch tokenized exchange-traded funds (ETFs) that will trade 24/7 through crypto wallets, in partnership with Ondo Finance, marking a significant shift in the investment landscape [1][4]. Group 1: Company Overview - Franklin Templeton, founded in 1947, manages over $1.7 trillion in assets as of January 31 [2]. - The firm aims to attract new-age investors who prefer trading through crypto wallets rather than traditional broker accounts [5]. Group 2: Tokenization and ETFs - Tokenization involves converting real-world assets into tradable tokens using blockchain technology, making assets fractional and accessible for continuous trading [3]. - The tokenized ETFs will initially be available in Europe, Asia-Pacific, the Middle East, and Latin America, with U.S. availability contingent on regulatory clarity [5]. Group 3: Specific ETFs - The tokenization initiative will focus on five specific funds: - Franklin Focused Growth ETF (FFOG) - a growth-oriented U.S. equity fund - Franklin U.S. Large Cap Multifactor Index ETF (FLQL) - a systematic large-cap equity fund - Franklin Responsibly Sourced Gold ETF (FGDL) - a gold fund - Franklin High Yield Corporate ETF (FLHY) - a high-yield corporate bond fund - Franklin Income Equity Focus ETF (INCE) - an income-focused U.S. equity strategy [6].

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]

Market Overview - The trading week began with a significant selloff followed by a strong rally, driven by announcements from G7 officials regarding the potential release of strategic oil reserves and comments from President Trump about the imminent end of the war [2][3]. Oil Market Dynamics - WTI crude oil futures experienced high volatility, trading around $89 per barrel, down from a peak of $117 on Sunday but significantly up from $64 a month ago. The intraday price swing of $38 marked the largest range since the pandemic began in 2020 [3]. Tokenized Stocks and ETFs - There is a growing momentum in the push to introduce tokenized stocks and ETFs to US traders, with major exchanges like Nasdaq and NYSE seeking SEC approval for digital versions of shares. This development could enable 24/7 trading of equities and provide domestic investors access to tokenized shares already available to foreign investors [4].

Core Insights - Ondo is positioning itself for significant growth in 2025, focusing on expanding its core businesses beyond asset issuance to include various services [1][3] - The company is currently a leading issuer in tokenized U.S. Treasuries, with over $2 billion in total value locked (TVL), and holds approximately 60% market share in tokenized stocks and ETFs, with a TVL of around $600 million [6] - Ondo's new platform, Ondo Perps, will allow tokenized stocks and ETFs to be used as collateral for perpetual futures, aiming to attract market makers and enhance liquidity [6] Market Context - Tokenization is still in its early stages, and revenue generation is not the primary focus for Ondo at this time [2] - Retail adoption of tokenized assets is already evident outside the U.S., indicating growing interest in these financial products [4] Future Ambitions - Ondo's long-term goal is to establish an on-chain prime brokerage service, which will integrate various asset classes into a single trading application [5][6] - The company is actively building scalable infrastructure to support this vision, prioritizing the development of "the pipes" before full monetization occurs [6] Strategic Partnerships - Ondo has formed partnerships with major financial institutions such as Mastercard and JPMorgan, enhancing its credibility and reach in the market [6] Market Dynamics - The current phase is described as a "land grab," with various financial entities competing to transition assets onto blockchain platforms [6] - Ondo's tokenized stocks platform has experienced consistent net inflows since its launch, indicating strong market demand [6]

Core Viewpoint - Robinhood CEO Vlad Tenev advocates for the adoption of tokenized stocks to modernize the U.S. equity market and enhance trading resilience, aiming to prevent disruptions similar to the 2021 GameStop trading freeze [1][6]. Group 1: Market Disruption and Structural Issues - The January 2021 trading freeze was attributed to structural limitations in the financial system rather than misconduct, with slow settlement processes and extreme trading volumes leading to increased collateral requirements and trading limits [3][4]. - Robinhood and other brokerages halted purchases of volatile stocks during this period, highlighting the strain on traditional market infrastructure under extreme volatility [4][5]. - The trading halt sparked criticism and regulatory scrutiny, marking a significant moment in discussions about market resilience and fairness [5]. Group 2: Tokenized Stocks as a Solution - Tenev positions tokenized stocks as a potential solution to the structural issues faced by traditional markets, offering benefits such as faster settlement, 24/7 trading, and increased transparency through blockchain technology [6][7]. - Robinhood has already tested tokenized equities and ETFs in the European Union, indicating a move towards integrating blockchain applications into mainstream financial markets [7]. - Tokenized assets could reduce reliance on legacy settlement cycles, which currently take several days and can lead to significant collateral calls during market turbulence [7]. Group 3: Controversies and Regulatory Discussions - Despite the potential benefits, tokenized stocks face controversy, with critics questioning whether these offerings represent actual equity and how they should be regulated [8]. - Robinhood is in discussions with regulators regarding its plans for tokenized equity, reflecting ongoing regulatory challenges in this area [8].

Core Viewpoint - Ondo Global Markets has expanded its operations to the Solana blockchain, enabling on-chain exposure to tokenized publicly traded securities, which enhances trading opportunities for users in the Solana ecosystem [1][3]. Group 1: Expansion and Offerings - Ondo Global Markets is now the largest and most liquid catalog of tokenized equities on the Solana blockchain, providing access to over 200 U.S. stocks and exchange-traded funds (ETFs) for the first time [2][3]. - The expansion allows more than 3.2 million daily active users within the Solana ecosystem to trade these tokenized assets [3]. Group 2: Liquidity and Trading Mechanism - Instead of relying on on-chain liquidity pools, Ondo utilizes the liquidity from major exchanges like NASDAQ and NYSE, enabling large trade sizes with minimal slippage [4]. - The trading process is facilitated by leading ecosystem infrastructure, such as Jupiter, which helps in discovering and executing trades seamlessly [4]. Group 3: Market Impact and Future Outlook - The introduction of tokenized stocks at brokerage prices provides Solana users with confidence in trading on-chain, marking a significant step in integrating real-world assets into the blockchain ecosystem [5]. - The Solana Foundation emphasizes the importance of real-world assets in the future of internet capital markets, indicating a broader trend towards the integration of traditional finance with blockchain technology [5].

Core Insights - xStocks has launched on the TON blockchain, allowing Telegram users outside the US to trade tokenized versions of US stocks and ETFs directly within the app, adding to the competitive landscape of tokenized stocks [1][4] - The trend towards tokenization of real-world assets (RWAs) is expected to grow by 2025, with various financial instruments appearing on blockchains to enhance liquidity [2][8] - Kraken's involvement lends credibility to xStocks, which previously faced competition from smaller, less recognized projects, and follows earlier initiatives in tokenized stocks on Telegram [5] Group 1: xStocks and TON - xStocks provides tokenized equities that mirror real stocks or ETFs, functioning like a "claim ticket" that tracks the price of actual shares [3] - By integrating with TON, xStocks allows users to trade on-chain stocks in a user-friendly chat interface, simplifying the trading process for beginners [4][6] - The platform has already accumulated around $180 million in assets across nearly 50,000 wallets on Solana and Ethereum, indicating significant interest in tokenized stocks [1] Group 2: Market Dynamics and User Access - The launch of xStocks represents a shift in access to US stocks, as users no longer need traditional brokerage accounts, allowing for self-custody of tokens [6] - Tokenized stocks on TON are part of a broader trend of RWA tokenization, which includes initiatives like JPMorgan's tokenized money-market fund, highlighting the intersection of traditional finance and crypto [8] - Users must understand the legal implications of holding xStocks tokens, as they represent creditor rights to collateral held by custodians, emphasizing the importance of the underlying legal framework [7]

RT Ondo Finance (@OndoFinance)New stocks are coming to @solana.With Ondo Global Markets, Solana will gain new real-world assets for the first time:✅ Gold ETFs✅ Silver ETFs✅ High-yield credit ETFs✅ Emerging market ETFs✅ Total U.S. market ETFs✅ Broad U.S. equity ETFs✅ International equity ETFs✅ Inflation-protected bond ETFs✅ Treasury and fixed income ETFs✅ Mid-cap and small-cap equity ETFsAlongside over a hundred tokenized stocks & ETFs, new assets span sectors including:✅ Payments stocks✅ Semiconductor stock ...