Asset manager Franklin Templeton files for blockchain venture fund

WikiBit|2021-09-16

Extrait:Franklin Templeton, the asset management firm, has formed a blockchain venture fund that could raise as much as $20 million, public documents show.

Franklin Templeton, the asset management firm, has formed a blockchain venture fund that could raise as much as $20 million, public documents show.

The firm's Wednesday filing shows that the Franklin Templeton Blockchain Fund I, L.P. has raised $10 million to date out of a projected $20 million. It is classified as a pooled venture capital fund.

As previously reported, Franklin Templeton has participated in a number of initiatives focused on crypto. The company is a stakeholder in a venture fund of funds launched this summer by Galaxy Digital. Franklin Templeton is an investor in crypto startups like Amberdata, taking part in the $15 million funding round announced this week. The firm also took part in an extended Series A round for custody startup Curv, which was later acquired by PayPal.

CoinDesk reported earlier this month that Franklin Templeton is seeking to hire roles in an internal digital asset team.

For more blockchain news, please download WikiBit- the Global Blockchain Regulatory Inquiry APP.

Avertissement

Les opinions exprimées dans cet article représentent le point de vue personnel de l'auteur et ne constituent pas des conseils d'investissement de la plateforme. La plateforme ne garantit pas l'exactitude, l'exhaustivité ou l'actualité des informations contenues dans cet article et n'est pas responsable de toute perte résultant de l'utilisation ou de la confiance dans les informations contenues dans cet article.