Franklin Templeton's tokenized high yield bond ETF lands on Pendle as FLHYon
- —FLHYon tracks Franklin Templeton's FLHY ETF and was issued via Ondo Global Markets
- —The Pendle market carries a 2026 maturity date
- —Net asset value is about $24.17 per token, with 20,558 tokens in circulation
- —On-chain assets total roughly $497,000 as of October 2026
Why it matters: The listing expands yield trading on tokenized bonds, though the small on-chain footprint limits liquidity.
Source: Crypto Briefing