How do top asset management companies with over $1.5 trillion under management bet on BTC and blockchain?

Compiled by: Blockchain Knight

Franklin Templeton, one of the world’s largest asset management companies, managing over $1.5 trillion in assets, plans to heavily invest in BTC and its underlying technology.

This strategy was revealed by Sandy Kaul, Senior Vice President of Crypto at Franklin Templeton, in an interview with “Wolf Of All Streets” on Sunday.

When discussing how Franklin Templeton plans to enter the digital asset space, Kaul explained that the company is very interested in the technology behind BTC and has decided to experiment on the blockchain to improve the efficiency of its operations and reduce costs.

Therefore, this asset management company has begun to research various currencies, create multi-currency investment portfolios, and even invest in various Crypto companies through a dedicated venture capital fund created in 2021. In addition, she also revealed that Franklin Templeton maintains its node operation to fully understand the BTC network and its growth.

Kaul emphasized that Franklin Templeton’s interest in Crypto is not limited to BTC, and blockchain will bring great opportunities to the company. She is confident in exploring new opportunities for investors.

“I think one of the problems we face now is that people are too focused on BTC and often ignore the broader ecosystem…BTC is a huge innovation, and we believe it will have huge opportunities in the future.” Kaul said.

Kaul also predicted that the momentum of institutional investors entering Crypto will continue to rise, especially for BTC. She believes that the Crypto market exhibits cyclical characteristics, with a new bull market appearing every few years since 2011.

According to her, institutions prefer to enter the market when prices are low, and the areas involved are often neglected. Therefore, the current “Crypto winter” is a period when institutions strategically position themselves in the market, similar to gradually adopting alternative assets, which takes about 10 to 15 years.

In addition, Kaul also emphasized that institutional participation is essential to create a solid foundation for the market, which will play a key role in driving Crypto to new heights after a significant price drop.

“I know they’re not worried about price, they’re drooling over the low price…if you see BTC rise to $69,000 and then drop to $15,000, you know that the situation of rising to $69,000 will happen again.” She added.

That being said, as Franklin Templeton commits to further investment in BTC and the wider crypto ecosystem, the asset management firm joins the ranks of well-known hedge funds such as Grayscale Investments, Ark Invest, and Blockingntera Capital, who have already made significant investments in the field.

In addition, Franklin Templeton is committed to education and promotion while conducting investment activities, which may accelerate the mainstream acceptance of digital assets in investment portfolios .

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