Mantle Lists Tokenized USPX ETF

Mantle, a blockchain platform connecting traditional finance with on-chain markets, has added USPXx, the tokenized version of Franklin Templeton’s Franklin U.S. Equity Index ETF, to its ecosystem. Trading is now available on Fluxion, Mantle’s decentralized exchange, with access at any time of the day.

The original USPX ETF manages nearly $2 billion in assets and tracks around 85% of the U.S. stock market by capitalization. With the launch of USPXx, investors can gain exposure to the same index on-chain.

The listing makes Mantle one of the first Ethereum Layer 2 networks to offer a tokenized ETF from a global asset manager. Earlier, the network also introduced SPCXx, the tokenized version of SpaceX shares from xStocks.

USPXx is issued on Mantle through xStocks, a platform for tokenized financial assets. Trading takes place exclusively on Fluxion, Mantle’s decentralized exchange for digital assets. Transactions are powered by xChange’s Atomic RFQ system, which uses live market quotes from the issuer instead of relying only on automated liquidity pools.

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