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Tokenized ETFs to trade 24/7 via crypto wallets
Bloomberg Tech·
Franklin Templeton is collaborating with Ondo Finance to introduce tokenized versions of its Exchange Traded Funds (ETFs). This innovation will allow these ETFs to trade continuously, 24/7, directly through cryptocurrency wallets. This approach bypasses traditional brokerage accounts and their inherent trading hour limitations, potentially revolutionizing fund investing. The partnership signifies a significant step in bridging traditional finance with decentralized technologies, offering investors greater flexibility and accessibility in managing their ETF portfolios.
Tags
fintech
crypto
product
Original Source
Bloomberg Tech — bloomberg.com