How Top Asset Management Companies Bet on BTC and Blockchain

Compile: Blockchain Knight

Franklin Templeton (Franklin Templeton Fund), one of the world's largest asset management companies, manages more than $1.5 trillion in assets and plans to invest heavily in BTC and its underlying technology.

The strategy was revealed by Franklin Templeton’s senior vice president of crypto, Sandy Kaul, in an interview with “Wolf Of All Streets” on Sunday.

While discussing how Franklin Templeton entered the digital asset space, Kaul explained that the company was interested in the technology behind BTC and decided to experiment on the blockchain to improve the operational efficiency of its business and reduce costs .

As such, the asset management firm began conducting research on various currencies, creating multi-currency portfolios, and even investing in various Crypto companies through a dedicated venture capital fund created in 2021. Additionally, she revealed that Franklin Templeton maintains its node operations to gain a comprehensive view of the BTC network and its growth.

Kaul emphasized that Franklin Templeton’s interest in Crypto is not limited to BTC, blockchain will bring huge opportunities to the company, and she is full of confidence in investors exploring emerging opportunities.

“I think one of the problems we have right now is that people focus too much on BTC and often ignore the broader ecosystem...BTC is a huge innovation and we think it will have a huge opportunity in the future,” Kaul said.

Kaul also predicted that the momentum of institutional investors getting involved in Crypto will continue to rise, especially BTC. She believes that the Crypto market has shown cyclical characteristics, and since 2011 there will be a wave of bull market every few years.

According to her, government agencies prefer to enter the market when prices are depressed and are involved in areas that are often under the radar. Therefore, the current "Crypto Winter" is a time when institutions are strategically positioning themselves in the market, akin to the gradual adoption of 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 sharp price drop.

"I know they're not worried about the price, they're salivating at the low price... If you see BTC go up to $69,000 and then go down to $15,000, you know it's going to go up to $69,000 Happened again," she added.

That being said, as Franklin Templeton pledges to further invest in BTC and the broader Crypto ecosystem, the asset manager joins the ranks of high-profile hedge funds such as Grayscale Investments, Ark Invest and Pantera Capital that are already in the space Significant investments have been made.

In addition, Franklin Templeton is committed to education and promotion in parallel with its investment activities, mainstream acceptance of digital assets in investment portfolios will likely be accelerated.