Franklin Templeton and Ondo Finance announced a partnership that puts tokenized ETFs directly into crypto wallets, eliminating the need for brokerage accounts.
This significantly blurs the lines between TradFi and on-chain markets, which, of course, took hold of the crypto news cycle in the bearish market.
Yet, as institutional money continues going through crypto rails, DeepSnitch AI still captured attention as its March 31 launch approaches. Because most traders anticipate DSNT to go 100x, the FOMO is getting serious.
Franklin Templeton and Ondo Finance are introducing new tokenized ETFs
According to Bloomberg, Franklin Templeton partnered up with Ondo Finance to issue tokenized versions of its ETFs. The most revolutionary aspect of the partnership is that it will provide investors access through crypto wallets rather than traditional brokerage accounts.
Under the structure, Ondo will purchase shares of Franklin Templeton ETFs and issue tokens through a special-purpose vehicle, transferring economic exposure to holders. Investors receive rights to returns rather than the underlying shares.
This means that tokens will be able to be used as collateral or used in DeFi applications directly.
The initial rollout supports five funds and targets investors operating primarily through crypto wallets and stablecoins, bypassing traditional brokerage infrastructure entirely.
The gap between TradFi and DeFi is closing faster than expected. As the bear market deepens, this particular crypto news can only push more traders toward new opportunities like DeepSnitch AI that will likely thrive in the cleaner environment.
Hottest digital assets in March
1. DeepSnitch AI: DSNT’s launch makes the latest crypto news
While crypto’s mainstream and regulatory journey is an indispensable part of crypto news every day, DeepSnitch AI’s March 31 launch easily cut through all the noise. The reason why is relatively simple: the launch is perfectly timed to capitalize on the wider hype, the project raised $2.5M, and the community is already betting on 100x-300x gains.
The presale’s progress is undoubtedly impressive, but the key factor in DeepSnitch AI’s position in the crypto news today is its utility.
Already functional, the analytics platform relies on five AI agents for various analytics that are fine-tuned for traders in the AI sector.
Case in point, the real-time sentiment tracker, a tool for scanning for rug pulls and hidden gems, a service for risk assessment, and so on, can provide you with a significant informational edge in the current crypto market.
Still priced at $0.04669, many traders are rushing in to reserve this price because if the projections come true, DeepSnitch AI won’t stay underpriced for much longer.
2. Bitcoin: Will BTC complete the breakout pattern?
According to CoinMarketCap, BTC traded around $70K on March 25.
Earlier that day, BTC nearly touched $72K, a move that made breaking crypto news. Yet, the correction toward $70K started a few hours earlier.
Nevertheless, BTC is still inside an ascending triangle pattern, meaning that a comeback may still happen.
For the bullish case to play out, traders must close above $74.5K, which would complete the pattern and possibly usher in a pump toward $84K.
Unfortunately, if the price reverses and BTC loses its support, then a freefall toward $60K is a real possibility.
3. Hyperliquid: Will HYPE recover?
HYPE corrected to $39 on March 25, according to CoinMarketCap.
The breakout attempt that started on Tuesday stalled, but the RSI remains positive. If buyers get back into it and stage a push to $43, then the $50 line is the next target.
On the downside, dipping below $36 opens the fall toward the next immediate support at $33.
Fortunately for buyers, the recent crypto news revealed that Grayscale filed an application for a HYPE ETF, which, if passed, could infuse some necessary momentum for the coin to make a much more confident move.
Final words: Cut the FOMO short
Franklin Templeton bringing ETFs on-chain and making crypto news in the process is a clear signal that crypto rails are slowly going mainstream before our very eyes.
Whether this will move the charts remains to be seen, which is why most traders are still more interested in the DeepSnitch AI presale.
Because there isn’t much time left to reserve your tokens, don’t be surprised if the FOMO fully takes over as the March 31 launch inches even closer.
Note, you can still also use the DSNTVIP50 for 50% extra tokens on $5K or more. If you’re mega bullish and plan on putting down $30K, you can get 300% bonus tokens by entering the DSNTVIP300 code at checkout.
Cut the FOMO short by locking down your DSNT tokens in the DeepSnitch AI presale. Stay on top of all the latest developments via X or Telegram.
FAQs
1. What is the Franklin Templeton and Ondo Finance partnership, and why is it exciting crypto news?
Franklin Templeton and Ondo Finance are tokenizing ETFs for distribution through crypto wallets. Ondo issues tokens via a special-purpose vehicle, giving holders economic exposure to five funds covering US equities, fixed income, and gold.
2. What are the BTC price targets right now?
BTC is forming a bullish ascending triangle. A break above the $74.55 resistance could push the price toward $84K. A breakdown below the triangle support reopens the $62.5K to $60K zone as the key downside target.
3. What is DeepSnitch AI, and when does the presale close?
DeepSnitch AI is a five-agent crypto intelligence platform with live sentiment tracking, rug detection and a hidden gem finder. The presale raised $2.5M at $0.04669, with TGE on March 31 on Uniswap closing in.
