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Franklin Templeton Exec: Crypto Asset Class has ‘Thematic Tailwinds’
Though Franklin Templeton is bullish on crypto as an asset class, the asset manager is seeking more regulatory clarity before offering ETFs focused on the segment. The San Mateo, Calif.-based company managed roughly $1.45 trillion in assets, as of April 30, and has clients in more than 150 countries. “Franklin Templeton understands that cryptocurrencies represent various tokenomics of blockchain and distributed ledger technology systems,” Roger Bayston, Franklin’s head of digital assets, told Blockworks. “We believe they are an asset class that has a great deal of thematic tailwinds as industries begin to ... (full story)