- Exchange-traded funds Based on shares of American institutions, gold and bonds will appear on the Ondo Finance platform.
- Thanks to this, tokenized ETF It will be possible to trade 24/7.
Tokenized cryptocurrencies will appear on the Ondo Finance platform ETF, issued by the investment company Franklin Templeton.
The companies have entered into a partnership agreement under which the companies’ employees will tokenize exchange-traded funds based on US institutional stocks, gold, and bonds. Specifically, we’re talking about Franklin Exponential Data ETF (XDAT), which includes assets of technology companies, and Franklin High Yield Corporate ETF (FLHY), based on high-yield corporate debt securities.
Some ETF, created by Franklin Templeton
Unlike ordinary shares ETF, tokens will be available for trading 24/7. Judging by the rest investment instruments, presented on Ondo Finance, digital assets can be bought and sold for USDC (USDC) stablecoins and Tether (USDT) issued on the Ethereum and BNB Chain.
Franklin partners with Ondo to tokenize all of its ETF and allow people to transact with them on the blockchain with low fees. As I’ve already said, tokenization doesn’t pose a threat to ETFs. On the contrary, it’s a mechanism for their distribution. commented news analyst ETF Eric Balchunas.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making any investment decisions.