Franklin Templeton Goes Beyond Bitcoin, Ethereum, Eyes New Crypto-Focused Investment Fund For Institutional Investors
Portfolio Pulse from Murtuza Merchant
Franklin Templeton is exploring the creation of a new crypto-focused investment fund for institutional investors, expanding beyond Bitcoin and Ethereum. This move aligns with a broader trend of traditional finance firms entering the digital asset market.
June 07, 2024 | 11:16 am
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Franklin Templeton is planning to launch a new crypto-focused investment fund for institutional investors, expanding its offerings beyond Bitcoin and Ethereum. This move could attract more institutional clients and diversify the firm's asset management portfolio.
The introduction of a new crypto-focused fund could attract more institutional investors to Franklin Templeton, potentially increasing assets under management and diversifying its portfolio. This aligns with the broader trend of traditional finance firms embracing digital assets.
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