Ondo Finance has partnered with $1.7 billion investment firm Franklin Templeton to tokenize five of its exchange-traded funds (ETFs).
The agreement, announced yesterday, March 25, 2026, implies that these exchange-traded funds will be available in digital form through Ondo Global Markets, a platform launched by Ondo in 2025 to bring traditional securities into the environment. On-chain.
This is the first time that an ETF managed by an investment firm will be available in this format within a digital asset network. The five financial products that will be tokenized are:
- The Franklin Focused Growth ETF (FFOG) focuses on growth-oriented companies.
- The Franklin U.S. Large-Cap Multi-Factor Index ETF (FLQL) focuses on large-cap stocks in the United States.
- The Franklin Responsibly Sourced Gold ETF (FGDL) is linked to gold sourced from responsible supply chains.
- The Franklin High Yield Corporate ETF (FLHY) has exposure to high-yield corporate bonds.
- Franklin Income Equity Focus ETF (INCE), an income-oriented equity strategy.
This selection shows that the tokenization of real assets (RWA) is no longer limited to technology stocks and growth funds, but is starting to spread to products such as bonds, dividends, and gold.
Note that tokenizing an ETF means creating a digital representation of that financial instrument and making it available for distribution and circulation through infrastructure. On-chain.
In this case, Franklin Templeton will continue to act as fund manager. In other words, it will continue to operate the underlying ETF.
Ondo does not control these assets; We also provide technical infrastructure Convert them into digital instruments and distribute them within that platform.
More directly, Ondo acts as a tokenization and distribution layer, while Franklin Templeton maintains its traditional financial role of managing funds.
As reported by CriptoNoticias, Ondo Global Markets is a platform launched by Ondo Finance in September 2025 to facilitate the digital representation and distribution of traditional financial securities such as funds and other regulated products within digital asset markets.
The idea behind this unit is to create an infrastructure that can connect existing financial products to new forms of access, payment and distribution in digital networks.
Despite the partnership with Franklin Templeton, ONDO’s price did not show any significant reaction. In the past 12 months, The asset accumulates a decline of 72%. At the time of publication of this article, ONDO is trading at $0.25, 88% below its all-time high (ATH) of $2.14.reached in December 2024.
This behavior again makes an important difference. Growth in infrastructure and organizational activity around a project is not necessarily immediately reflected in the price of the token.
In this case, this news strengthens Ondo’s position in the securities tokenization business. But the market did not interpret this as a direct catalyst for ONDO, at least so far.
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