Franklin Templeton Debuts ETFs That Trade in Crypto Wallets 24/7

Franklin Templeton is partnering with Ondo Finance to offer tokenized versions of its ETFs that trade around the clock through crypto wallets, bypassing the brokerage accounts and limited trading hours that have defined fund investing for decades.

The products — spanning US equities, fixed income and gold — will initially be available in Europe, Asia-Pacific, the Middle East and Latin America. Franklin said US availability depends on further regulatory clarity around how third parties can distribute registered funds on-chain.