Gate News, March 2026: Global asset management giant Franklin Templeton has partnered with Ondo Finance (ONDO) to tokenize five of its ETFs and launch them on the blockchain, enabling 24/7 trading through crypto wallets. This move breaks the traditional market trading hours and promotes the further migration of real-world assets (RWA) onto the chain.
The launched products cover various asset classes, including growth stocks, income stocks, high-yield bonds, and gold. Specifically, they include Franklin Focused Growth ETF, Franklin Income Equity Focus ETF, Franklin High Yield Corporate ETF, Franklin Responsibly Sourced Gold ETF, and Franklin US Large Cap Multifactor Index ETF. These assets will be accessible on the Ondo Global Markets platform.
In terms of market deployment, the initial tokenized ETFs will be prioritized for launch in Europe, Asia-Pacific, the Middle East, and Latin America. Franklin Templeton stated that entry into the U.S. market depends on the clarity of regulatory frameworks for on-chain fund distribution. This indicates that U.S. regulatory attitudes remain a key factor influencing the adoption of tokenized securities.
Industry-wise, Ondo Finance has established a leading position in tokenized stocks. Data shows it holds approximately 60% market share, managing over 260 on-chain asset projects with a total value close to $2.7 billion. Meanwhile, the platform’s user base continues to grow, with nearly 87,000 addresses holding assets and monthly on-chain transfer volume exceeding $2.4 billion, reflecting increasing real-world demand.
Boosted by this news, ONDO’s short-term performance has strengthened, with a nearly 6% increase over 24 hours, significantly outperforming the overall market. The market generally believes that deep integration between traditional asset management firms and on-chain protocols is reshaping the trading of ETFs, stocks, and commodities. As more assets are tokenized, the importance of on-chain financial infrastructure will continue to rise.