Tokenization has transformed the digital economy by converting ownership of real-world assets [RWAs] into blockchain-based digital tokens.
Amid this transformation, Total Tokenized Assets reached $26.6 billion with $360.5 billion in represented asset value as per RWA.xyz. At this growth speed, RWAs are projected to exceed $10 trillion by 2030.
With massive future potential, many large entities have turned to tokenization and Franklin Templeton is the latest to join the wave.
Franklin Templeton partners with Ondo Finance to launch tokenized ETFs
In a major boost for RWAs, Ondo Finance announced its partnership with Franklin Templeton, one of the largest asset managers. The two partnered to launch tokenized exchange-traded funds (ETFs).
Under the partnership, Ondo Global Markets will offer access to Franklin Templeton ETFs within crypto wallets. This will enable 24/7 trading for all users, with greater accessibility, a shorter settlement period, and increased liquidity.
The program will debut across continents, including Europe, Asia, the Middle East and Latin America. However, the launch in the United States could be delayed until regulatory approval is granted.
Templeton joins a rapidly growing space for tokenized assets under Ondo Markets. Ondo Markets have seen their tokenized assets jump to $1.8 billion with $1.4 billion in treasury and $400k in stocks.
Under these markets, over 32 stocks have been tokenized, indicating a massively growing demand for RWAs.
Bridging TradFi and blockchain via ComTech Gold
Undoubtedly, tokenization growth has especially become attractive for traditionally revered assets like gold, with tokenized gold surpassing $4 billion.
Notably, this rise in gold tokenization necessitated the need for a Gold Infrastructure platform, assuring investors of the tangibility of their assets. Comtech Gold emerged as one such platform that issues CGO, a digital gold token built on XDC Network.
In addition, when users purchase CGO tokens, they are purchasing an equivalent amount of physical gold. provides investors with assurance of their gold and can be redeemed for physical gold, which can then be delivered.
The move details a major integration and bridging of TradFi and blockchain technology, pointing to RWAs and future prospects.
Any impact on ONDO?
Surprisingly, Franklin Templeton and Ondo Finance have yet to have a positive impact on ONDO’s price movement.
In fact, Ondo Finance [ONDO] retraced from an intraday high of $0.27 and touched a local low of $0.25, warning of a potential trend breakdown. Previously, ONDO had been on an upward trajectory, hiking for three consecutive days.
Momentum indicators backed this view. The Relative Strength Index slipped from 51 to 49, nearing a bearish crossover.
If selling pressure continues, ONDO could revisit the $0.24 support level.
A recovery, however, could push the price back above $0.26 and open a move toward $0.29.
Final Summary
- Ondo Global Markets enables 24/7 ETF trading via crypto wallets with faster settlement.
- Tokenized gold crossed $4B, with platforms like Comtech Gold offering 1:1-backed digital gold.
Gladys Makena
JournalistGladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis.
