Franklin Templeton and Ondo Introduce 24/7 Tokenized ETFs for Crypto Wallet Trading

Franklin Templeton and Ondo tokenized ETF graphic

Summary:
Franklin Templeton and Ondo Finance are collaborating to launch tokenized ETFs that can be traded 24/7 directly from cryptocurrency wallets. This innovation aims to provide non-U.S. investors with continuous access to U.S. stocks, bonds, and gold, bypassing traditional brokerage accounts and trading hours.

Key Takeaways:

Franklin Templeton teams up with Ondo Finance to launch 24/7 tokenized ETFs for crypto wallets.
This new trading model offers global investors access to U.S. stock market assets without the need for brokerage intermediaries.
The initial rollout targets markets in Europe, Asia-Pacific, the Middle East, and Latin America.
Franklin Templeton has launched its tokenized offerings after establishing a robust on-chain infrastructure.
Ondo Finance has rapidly grown its distribution network, providing access to over 250 tokenized stocks and ETFs.

Introduction to Tokenized ETFs

Franklin Templeton is partnering with Ondo Finance to introduce tokenized exchange-traded funds (ETFs) that can be traded around the clock directly from crypto wallets. This approach offers non-U.S. investors continuous access to U.S. stocks, bonds, and gold, moving away from the limitations of traditional brokerage accounts and fixed trading hours.

Launch Details and Target Markets

According to Bloomberg reports, the tokenized ETFs will cover a diverse range of U.S. equities, fixed income, and gold assets, with the first phase of the launch focusing on investors located in Europe, the Asia-Pacific region, the Middle East, and Latin America.

Franklin Templeton’s On-Chain Development

Franklin Templeton, which oversees over $1.6 trillion in assets, has stated that launching these products in the U.S. will hinge on gaining further regulatory clarity concerning how third parties can distribute registered funds on-chain. The firm has been building its capabilities on blockchain since 2021, initially introducing the first blockchain-integrated U.S. registered mutual fund. They have since expanded their networks to include Stellar, Polygon, and Arbitrum. Sandy Kaul, Head of Innovation at Franklin Templeton, shared previously that tokenized digital wallets could eventually encapsulate every aspect of an individual’s financial life, bringing us closer to that idea with this latest launch.

Ondo Finance's Impact

Ondo Finance contributes a distribution network that has quickly scaled to significant heights. Since launching in September 2025, it has locked in over $2.5 billion of total value and has exceeded $12 billion in cumulative trading volume. The platform lists more than 250 tokenized stocks and ETFs across major blockchain networks such as Ethereum, Solana, and BNB Chain. Earlier reports have highlighted how Ondo’s Nexus initiative has included Franklin Templeton alongside other major players like BlackRock and PayPal for tokenized Treasury backing.

Focus on Non-U.S. Markets

The decision to initially target non-U.S. markets is influenced by existing regulatory conditions and infrastructure capabilities. Ondo has obtained regulatory passporting from Liechtenstein authorities, allowing access to over 30 countries in the European Economic Area (EEA). Their efforts have borne fruit; in February 2026, Ondo partnered with Blockchain.com to offer over 200 tokenized U.S. stocks and ETFs via Blockchain.com's DeFi wallet for eligible EEA users. Additionally, Binance and MetaMask have integrated Ondo's offerings, enhancing access to tokenized stock trading through Binance's Alpha program.

The Future of Tokenization

Franklin Templeton's recent initiation comes at a time when institutional tokenization is rapidly gaining momentum. The market for tokenized real-world assets has surpassed $22 billion globally, with tokenized Treasuries alone amassing over $3 billion in value by 2024. CEO Jenny Johnson has indicated that 2026 will see a surge in institutional investments flowing into tokenized financial vehicles, extending beyond just Bitcoin.

The newly introduced products are designed to grant investors from outside the traditional brokerage world, especially in emerging markets, access to fractional ownership and continuous trading of U.S. asset classes. These developments illustrate a significant leap toward realizing Franklin Templeton's vision of a multi-chain distribution framework.