Franklin Templeton VP: Ethereum pledge is a huge opportunity for institutional investors

BlockBeats news, December 4, according to The Daily Hodl, Sandy Kaul, senior vice president at Franklin Templeton, the world's largest listed fund manager with about $1.5 trillion in assets under management, said in a Real Vision interview that Ethereum pledge presents a huge opportunity for institutions looking at the crypto market. When asked if Ethereum pledge could help spark institutional adoption, Sandy Kaul said, "I would just say, look at the Ethereum pledge space, because I've seen some very strong products that I think will fully meet the needs of institutional investors." She also said the current crypto bear market reminds her of the hedge fund world in the years after 2000, when institutional investors built and took control of the market as it fell.