Ondo Finance announced a strategic partnership with Franklin Templeton, one of the world’s largest asset managers with over $1.7 trillion in assets under management, to bring a suite of five ETFs to blockchain infrastructure. Under the agreement, Franklin Templeton will continue to manage the underlying funds, while Ondo provides the tokenization infrastructure and digital distribution layer through its Ondo Global Markets platform. The five tokenized products include the Franklin Focused Growth ETF (FFOG), the Franklin U.S. Large Cap Multifactor Index ETF (FLQL), the Franklin Responsibly Sourced Gold ETF (FGDL), the Franklin High Yield Corporate ETF (FLHY), and the Franklin Income Equity Focus ETF (INCE). By moving these securities on-chain, Ondo aims to provide global access to traditional financial products without the constraints of legacy market hours or geographic brokerage requirements. Since its debut in September 2025, Ondo Global Markets has seen rapid adoption, recently crossing $700 million in TVL. The platform’s architecture allows users to hold tokens in digital wallets that track the price of the underlying securities, which can then be utilized as collateral within decentralized finance (DeFi) ecosystems. According to recent data, Ondo currently dominates the tokenized equity sector, commanding more than 60% of the niche market share. “The selected ETFs represent a good mix of different types of investments. This gives us a great opportunity to test what truly interests a new audience,” said Sandy Kaul, head of innovation at Franklin Templeton. Kaul noted that even a small percentage of the $30 trillion global ETF market migrating on-chain could represent over $1.5 trillion in new liquidity for the crypto ecosystem. The ONDO token has responded positively to the news, trading near $0.30 and gaining roughly 2% to 5% in the last 24 hours while much of the broader crypto market remained flat or in the red. Despite the recent momentum and institutional validation, the token remains approximately 87% below its all-time high of $2.14, reflecting the steep recovery curve still facing the real-world asset (RWA) sector. Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
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