Franklin Templeton and Ondo are launching tokenized ETFs that trade 24/7 directly into cryptocurrency wallets, giving non-US investors 24-hour access to US stocks, bonds and gold.
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- Franklin Templeton and Ondo Finance announced tokenized ETFs on March 25 that can be traded directly inside cryptocurrency wallets around the clock, bypassing traditional brokerage accounts.
- The product range includes US equities, fixed income and gold, with IPOs across Europe, Asia Pacific, the Middle East and Latin America.
- The launch in the US remains contingent on regulatory clarity around the cross-chain distribution of registered funds.
Franklin Templeton in partnership with Ondo Finance announced Wednesday that it is offering tokenized versions of its ETFs tradeable 24/7 directly from cryptocurrency wallets, in a move that eschews the brokerage accounts and fixed trading hours that have defined fund investing for decades. according to BloombergProducts include US equities, fixed income and gold, with an IPO targeting investors in Europe, Asia Pacific, the Middle East and Latin America.
Franklin Templeton, which manages more than $1.6 trillion in assets, said the US market launch would depend on more regulatory clarity on how third parties distribute registered funds across the chain. The asset manager has been steadily building out its on-chain infrastructure since 2021, when it launched the world’s first US-registered, blockchain-integrated mutual fund, and has since expanded to include networks including Stellar, Polygon and Arbitrum. In previous crypto.news storySandy Cole, head of innovation at Franklin Templeton, said that tokenized digital wallets will eventually hold “the entirety” of an individual’s financial life — a thesis that the latest product launch is getting closer to reality physically.
Ondo Finance, for its part, provides a rapidly expanding distribution network. The platform’s total value has exceeded $2.5 billion and exceeded $12 billion in cumulative trading volume since its launch in September 2025, listing more than 250 tokenized stocks and ETFs across Ethereum, Solana, and BNB Chain. Previous crypto.news news story He detailed how Ondo’s Nexus initiative expanded token treasury support to include Franklin Templeton alongside BlackRock and PayPal.
The choice to prioritize non-US markets first reflects the existing regulatory landscape and infrastructure. Ondo has obtained a regulatory passport from the Liechtenstein authorities, giving it access to more than 30 countries in the European Economic Area. This framework is already active – in February 2026, Ondo partnered with Blockchain.com to make over 200 US stocks and ETFs tokenized via the Blockchain.com DeFi wallet to eligible EEA users. Binance and MetaMask have also integrated their Ondo token offerings, with Binance reviving token stock trading through its Alpha program and MetaMask enabling eligible non-US users to access Ondo assets from mobile wallets.
Franklin Templeton’s latest move falls against the backdrop of an acceleration in institutional tokenization. The market for tokenized real assets has exceeded $22 billion globally, with the value of tokenized Treasuries alone exceeding $3 billion by 2024. CEO Jenny Johnson has stated that 2026 will see an increase in institutional investment flow into tokenized vehicles beyond simple Bitcoin holdings.
The products are designed to give investors outside traditional brokerage systems – particularly in emerging markets – partial, around-the-clock access to US asset classes that have historically required brokers and banking infrastructure. In previous crypto.news storyFranklin Templeton’s cross-chain money market fund at Arbitrum was laying the groundwork for this type of cross-chain distribution. Wednesday’s announcement represents the clearest step yet toward turning this vision into a commercial reality.
