Asset manager Franklin Templeton is exploring a new crypto fund for institutional investors, expanding its offerings beyond Bitcoin and Ether .
According to a June 6 report from The Information, the mutual fund is considering a private fund to expose institutional investors to altcoins. The fund would also offer staking rewards, the report says, citing sources familiar with the matter.
The report does not mention which altcoins would compose the fund’s basket, but the asset manager has recently praised the Solana network’s growth in 2024. According to analytics firm Messari, in the first quarter of 2024, Solana’s spot decentralized exchange volume increased by 319% to $1.5 billion from the previous quarter.
Franklin Templeton manages approximately $1.64 trillion in assets as of March 2024. This figure places the asset manager among the largest investment management firms globally.
The company is actively involved in the crypto space with several funds. One of its most popular projects is its spot Bitcoin exchange-traded fund (ETF), launched in January.
Franklin is also one of the proponents of a spot Ether ETF, recently approved by the United States Securities and Exchange Commission (SEC). The ETF is currently waiting for the agency’s clearance to launch.
“We are excited about ETH and its ecosystem. Despite the midlife crisis it’s recently experienced, we see a bright future with many strong tailwinds to push the Ethereum ecosystem forward,” the company previously said in a post on X.
USDC conversions on money market fund
6월 6일, 프랭클린 템플턴은 자사의 벤지 인베스트먼츠 플랫폼에 새로운 기능을 도입했다고 발표했다. 이제 투자자들은 USD 코인(USDC) 스테이블코인을 사용해 프랭클린 온체인 미국 정부 머니 마켓 펀드(FOBXX)에 투자할 수 있게 되었다.
이 펀드는 거래를 처리하고 소유권을 공개 블록체인에 기록한 최초의 미국 등록 뮤추얼 펀드였다. 펀드의 각 주식은 BENJI 토큰으로 표시된다.
프랭클린 템플턴은 성명에서 암호화폐 및 스테이블코인 인프라 플랫폼인 제로 해시(Zero Hash)가 전환을 지원할 것이라고 밝혔다.
듄 애널리틱스(Dune Analytics)에 따르면, 프랭클린의 머니 마켓 펀드는 현재 3억 5,700만 달러의 자산을 관리하고 있다.
잡지: 블록체인 모금의 7가지 ICO 대안: 크립토 에어드롭, IDO 등