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International Business Times
International Business Times
Business
Marvie Basilan

Franklin Templeton Reportedly Mulls New Altcoin Crypto Fund

Franklin Templeton Crypto altcoin Bitcoin SEC ETF Solana USDC
Franklin Templeton is one of the world's largest asset management firms. FranklinTempletonTV YouTube | The Inspiration Behind Our Brand, Benjamin Franklin (Credit: FranklinTempletonTV YouTube Channel/Screenshot)

KEY POINTS

  • A new report revealed that the asset manager is considering staking rewards for the altcoin fund
  • Franklin Templeton announced Thursday a new feature that allows Benji investors to use USDC for FOBXX funding
  • The asset management titan is an issuer of spot BTC ETFs and has applied for spot ETH ETFs

Asset management behemoth Franklin Templeton is reportedly considering the possibility of launching a new digital asset fund, and this time, the fund will invest beyond the largest cryptocurrencies, Bitcoin and Ether.

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