Franklin Templeton Expands into Decentralized Trading with Blockchain-Based ETFs

Franklin Templeton's entry into the world of decentralized trading marks a significant shift in the way traditional financial products are accessed and settled. The asset manager is launching two exchange-traded funds (ETFs) that can be traded directly through crypto wallets, allowing for continuous trading without the need for traditional brokerage accounts or standard market hours.

The ETFs will operate on the Ethereum blockchain, enabling peer-to-peer trading without relying on centralized intermediaries. This hybrid structure allows shares to be created or redeemed in both fiat currency and stablecoins, bridging conventional financial systems with blockchain-based settlement.

Franklin Templeton has already expanded its digital asset footprint in recent years, including the launch of an on-chain money market fund. The move towards decentralized trading is a natural progression, leveraging the potential of blockchain technology to provide greater control and flexibility for investors.