Latest developments: In an interview with Jennifer Sanasie at CoinDesk’s Public Keys, Ginns said the convergence between traditional finance and crypto continues to gain momentum despite a prolonged market downturn
- Franklin Crypto aims to build a leading fundamental crypto investment platform following Franklin Templeton’s acquisition of 250 Digital, the firm that emerged from CoinFund’s liquid investment business, Ginns said.
- While venture capital remains a natural fit for institutional allocators, Ginns said current market conditions are also making liquid crypto investments increasingly attractive.
- “There’s a big disconnect between where prices are and the real fundamentals,” Ginns said, pointing to growing institutional engagement across the sector.
What this means: Ginns identified several developments that could bring more institutional capital into the crypto markets.
- He pointed to Robinhood’s blockchain initiative as an example of traditional financial distribution moving onto crypto rails, creating new opportunities for developers and users.
- Ginns also mentioned growing interest in tokenized money market funds, which could allow investors to earn returns while maintaining on-chain portability.
- Tokenized stocks, stablecoin adoption and broader financial infrastructure are all contributing to the convergence of traditional finance and blockchain technology, he said.
