Franklin Templeton launches tokenized ETFs trading 24/7 in crypto wallets
Summary
Franklin Templeton, managing $1.68 trillion, has introduced tokenized Exchange Traded Funds (ETFs) that can be traded continuously, 24 hours a day, seven days a week, directly within compatible crypto wallets. This move bypasses traditional market hours and settlement windows, offering real-time trading capabilities enabled by blockchain technology. This is not the firm's first blockchain initiative, following the 2021 launch of the Franklin OnChain US Government Money Fund (FOBXX). The ability to trade tokenized securities around the clock represents a structural shift, potentially reducing liquidity risk for institutional investors. This development is supported by recent regulatory clarity, such as the GENIUS Act of 2025, and the substantial volume already handled by stablecoin infrastructure. While offering retail investors more flexibility, the broader implication is that major asset managers are adopting blockchain rails for fund distribution, accelerating the convergence between traditional finance and crypto markets, despite risks associated with volatility and new interconnections.
(Source:Crypto Briefing)