Franklin Templeton’s tokenized high-yield bond ETF gets yield trading on Pendle

Franklin Templeton’s tokenized high yield bond ETF now has a market on Pendle through FLHYon, an Ondo-issued token tracking its FLHY fund. The market has a 2026 maturity, allowing traders to trade future income from the asset separately—but holding the token does not mean owning ETF shares directly. Key takeaways Ondo issues FLHYon and holds […]