Franklin Templeton comments on Web3: optimistic about Ethereum and Solana, Bitcoin ecosystem cannot be ignored

Written by: Franklin Templeton Digital Asset Research Team

Compiled by: Carl, Techub News

A week ago, Franklin Templeton, one of the world's largest asset management companies founded in 1947 with an asset management scale of approximately US$1.5 trillion, applied for a Bitcoin spot ETF "Franklin Bitcoin ETF" (code: EZBC) and was approved by the U.S. Securities and Exchange Commission (SEC). As of the close of January 16, local time, the total transaction amount of the ETF has exceeded US$88 million.

As a financial planning company that puts "soundness first"Xiaobai NavigationAs a veteran asset management group with the company's "motto", Franklin Templeton's thinking is not bound by tradition. In 2022, it launched products such as the Metaverse ETF, Digital Asset Fund, and On-chain Currency Fund that invest in Web3 and digital assets. In the early hours of Beijing time today, the digital asset research team established by Franklin Templeton in the early days "airdropped" to the official X and shared their views on the development prospects of some areas of Web3:

cryptocurrencyIt is changing the way we interact with wealth, just like the Internet did with information, and we intend to participate and lead this future industry through investment and construction. Franklin Templeton will focus on the following areas: Bitcoin ETF, cryptocurrency investment team, "licensingBlockchain"(validates blockchains),TokenReal assets.

Bitcoin inscriptions and Layer2 solutions should not be ignored, they are important for solving Bitcoin’sSafetyIt is crucial to address this issue and improve Bitcoin’s utility as a store of value (SoV).

In the cryptocurrency space, speculation is a feature, not a bug.

Private blockchains are a rehypothecation of the intermediary.

We are excited about Ethereum and its ecosystem. Although it has recently experienced a "midlife crisis", we see a bright future, and there are many powerful driving forces that are driving the Ethereum ecosystem forward, including EIP-4844, Alt DA,CommunityRevitalize and re-pledge.

On Solana, we see Anatoly’s vision: a single atomic state machine as a decentralizedBlockchainWe are impressed by all the activity happening on Solana in Q4 2023: DePIN, DeFi, Meme coins, NFT innovation, Firedancer.

Other L1s besides Bitcoin, Ethereum, and SOL also have great potential, and as these networks grow and mature, we will continue to support, track, and participate in their development.

We believe that withBlockchainWith reduced costs and improved performance, potential use cases will grow exponentially, greatly improving the economic benefits and experience of users.

The article comes from the Internet:Franklin Templeton comments on Web3: optimistic about Ethereum and Solana, Bitcoin ecosystem cannot be ignored

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