Franklin Templeton Enters Blockchain-Based ETF Market with Ondo Finance

Asset manager Franklin Templeton is expanding its offerings by launching tokenized versions of its exchange-traded funds (ETFs) in partnership with Ondo Finance. The new products will be directly accessible through cryptocurrency wallets, allowing investors to gain rights to income without direct ownership of the underlying shares.

The initiative targets a growing class of investors who operate exclusively through wallets and stablecoins, without direct interaction with the stock market. According to RWA.xyz, since 2025, the market value of real-world digital assets has grown by approximately 360% to $26.5 billion.

Initially, Franklin Templeton and Ondo will tokenize five funds: FFOG, FLQL, FGDL, FLHY, and INCE, which include high-yield corporate stocks primarily from the US. The selected ETFs represent a diverse mix of investments, allowing for testing of interest among this new audience.