Franklin Templeton tokenizes ETFs with Ondo Finance

Franklin Templeton is venturing into blockchain technology by partnering with Ondo Finance to tokenize five equity and gold ETFs. This move signifies a growing interest from traditional financial institutions in leveraging distributed ledger technology for asset management. The collaboration aims to bring traditional financial products onto the blockchain, potentially enabling 24/7 trading and increased efficiency. This initiative by a major asset manager like Franklin Templeton could pave the way for broader adoption of tokenized assets within the mainstream financial market.