Franklin Templeton: Cryptocurrencies have a bright future - with normal regulation – Bits Media

Franklin Templeton financial management company announced, what is positive about cryptocurrencies, however, expects clearer legislative regulation of the industry.

Franklin Templeton manages assets on $1.45 trillion. The company serves клиентов из более чем 150 countries. Сейчас у компании практически нет финансовых продуктов, associated with cryptocurrencies. However, Franklin Templeton sees a bright future for the digital assets sector.

«Franklin Templeton понимает, that there are assets with different tokenomics, on various blockchains and distributed ledger systems. We count, what is this asset class, the development of which is favored by many factors, as a variety of economic sectors begin to unlock the potential of blockchain. Which in turn leads to the creation of new types of digital assets.", - said Roger Bayston, head of digital assets at Franklin Templeton. (Roger Bayston) in an interview with Blockworks.

Now in the USA the company has 55 traded exchange-traded funds with a total capitalization of $1.7 billion. However, there are no cryptocurrency ETFs among them. As Bayston emphasized, компания старается предоставить клиентам качественные инвестиционные продукты, которые «появляются тогда, когда позиция регуляторов предоставляет такую возможность».

Franklin Templeton launched its first venture capital fund last fall., blockchain related. but, the fund's capitalization amounted to only $20 million.