Franklin Templeton partners with Ondo to tokenize five ETFs, including gold

Franklin Templeton said it will work with Ondo Finance to issue onchain, tokenized versions of five existing ETFs spanning U.S. equities, high-yield credit, and gold. The tokens are designed for wallet-based access, will trade 24/7, and are intended to be usable across DeFi, with initial availability planned outside the U.S.