Mantle Partners with xStocks to Tokenize Franklin Templeton's $1.98B ETF on Ethereum L2

News Editor

2026-06-23 17:37:37

Mantle announces partnership with xStocks to tokenize Franklin Templeton's $1.98B USPX ETF onto the chain, enabling 24/7 trading via Fluxion DEX.

MantleFranklin TempletonETF TokenizationLayer 2FluxionxStocks

Ethereum Layer 2 network Mantle has announced a partnership with xStocks to tokenize the Franklin Templeton USPX ETF, which has $1.98 billion in assets under management, and bring it on-chain. The tokenized product, USPXx, tracks the top 85% of U.S. stock market capitalization, expanding from individual stocks to broad market index products. This marks a significant expansion of Mantle's distribution layer.

Users will be able to trade the tokenized ETF 24/7 through Fluxion, a native decentralized exchange within the Mantle ecosystem. The partnership utilizes xStocks' Atomic RFQ system to ensure real-time quotes and trade execution, providing investors with continuous trading access without intermediaries or geographic restrictions.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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