Mantle Integrates Franklin Templeton's USPX ETF via xStocks

The integration allows investors to trade the $1.98 billion fund through Fluxion, Mantle’s native decentralized exchange. Unlike standard decentralized finance models that rely on automated market makers prone to slippage, the system utilizes xStocks’ Atomic RFQ technology. This ensures transactions are executed at live market quotes sourced directly from the issuer, providing institutional-grade precision for both retail and large-scale capital deployments.

This move marks a shift in how traditional financial products transition to blockchain environments. By tokenizing the USPX ETF, Mantle removes geographic barriers and settlement delays, effectively creating a continuous liquidity bridge for global users. The listing follows the recent introduction of SPCXx, a tokenized representation of SpaceX equity, reinforcing Mantle’s strategy to position itself as a primary distribution layer for real-world assets. Emily Bao, a key advisor at Mantle, noted that the inclusion of such a widely held passive equity vehicle serves to anchor portfolios while bridging the gap between legacy financial systems and on-chain liquidity.