- The fund would target institutional investors, according to the report.
- The asset manager already has a spot bitcoin ETF and has applied for a similar ether offering.
As a seasoned crypto investor with a decent amount of experience under my belt, I’m always on the lookout for new developments and opportunities in the digital asset space. The news that Franklin Templeton, a reputable $1.6 trillion U.S. asset manager, is reportedly considering launching a new crypto-focused investment fund piques my interest.
According to a report by The Information on Thursday, sources with firsthand knowledge revealed that Franklin Templeton, a prominent $1.6 trillion US asset management firm based in Silicon Valley, is contemplating launching a fresh investment fund specializing in cryptocurrencies.
As a financial analyst, I can share that I’ve noticed Franklin Templeton joining the ranks of established finance players making strides in the digital asset sector. They are now providing clients with investment opportunities in cryptocurrencies and tokenized assets.
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2024-06-06 18:06