Ondo Finance has partnered with Franklin Templeton in a move that underscores the accelerating shift by major asset managers toward blockchain‑based distribution of traditional financial products.
In a statement, the two companies said the agreement will see five Franklin Templeton exchange traded funds — spanning growth equities, large‑cap multifactor strategies, high‑yield credit, equity income and responsibly sourced gold — made available in tokenised form through Ondo Global Markets, the digital securities platform the company launched in 2025.
The initiative marks the first time Franklin Templeton‑managed ETFs have been offered on a public blockchain.
Franklin Templeton, which oversees more than $1.7tn in assets, will continue to manage the underlying funds, while Ondo provides the tokenisation infrastructure and onchain distribution layer.
The ETFs included in the initial rollout are:
- Franklin Focused Growth ETF (FFOG) — an actively managed US equity strategy targeting innovative, growth‑oriented companies
- Franklin U.S. Large Cap Multifactor Index ETF (FLQL) — a systematic large‑cap equity fund using a multifactor approach
- Franklin Responsibly Sourced Gold ETF (FGDL) — exposure to gold bullion sourced through verified responsible supply chains
- Franklin High Yield Corporate ETF (FLHY) — a portfolio of US high‑yield corporate bonds
- Franklin Income Equity Focus ETF (INCE) — an equity strategy centred on income‑producing securities
The companies said the partnership establishes a model for distributing regulated financial products globally via blockchain rails while maintaining institutional compliance standards.
