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"Tokenization is going to do to ETFs what ETFs did to mutual funds," says Franklin Templeton's Sandy Kaul
Franklin Templeton, one of the largest asset managers in the world, is deepening its push into crypto-native finance. The firm announced a partnership with Ondo Finance, a leading tokenization provider, to tokenize a set of its exchange-traded funds (ETFs). For Sandy Kaul, head of innovation at Franklin Templeton, the move is early proof of a much bigger shift coming to traditional markets. By moving traditional assets onto a blockchain, Franklin Templeton and Ondo Finance are creating a new way for retail investors to interact with their holdings. Sandy Kaul believes this partnership is about more than just changing ... (full story)
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