ETFs on Blockchain: Financial Revolution or Just a Fancy Crypto Party?
So, Franklin Templeton, the $1.7 trillion asset manager (yes, trillion, no typos here), decided to put five of its ETFs on public blockchains. Because why stick to boring old stocks when you can have blockchain tokens? The funds cover everything from U.S. equities to responsibly sourced gold (because even blockchain needs a conscience). Holders don’t actually own the shares – instead, Ondo uses a Special Purpose Vehicle to acquire the ETF shares and issues tokens representing the return stream. It’s like owning a fancy IOU, but with more tech jargon. Dividends reinvest automatically, because who has time for manual labor?


