Franklin Contemplates Establishing Cryptocurrency Investment Fund CEO Bitcoin Still in Early Stage More Institutions to Enter

At the same time, “The Information” reported, citing informed sources, that Franklin Templeton is considering establishing a new investment fund focused on cryptocurrencies. It is reported that this investment vehicle will be structured as a private fund for institutional investors and will invest in cryptocurrencies other than Bitcoin and Ethereum. It is said that the company is also considering transferring the fund’s staking rewards to the fund’s investors.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Bitcoin Momentum Slows! Leverage Risks Mount as Market Eyes Key Support at $110,000

On-Chain Analysis Company Glassnode ReportsOn-chain analysis company Glassnode noted in it…