Franklin Templeton is looking for crypto analysts. The company manages a gigantic 1.5 trillion US dollars.
With assets under management of over 1.5 trillion US dollars, the US investment company Franklin Templeton Investments is one of the biggest players in the financial market. If you currently inquire on the company’s career page under the keyword “crypto”, Franklin Templeton is currently looking for cryptocurrency analysts as well as traders. Both are referring to U.S. firm locations in San Mateo, California.
“Growing investment team in crypto asset management at Franklin Templeton”
Further research on the “Research Analyst” position offered reveals exactly what Franklin Templeton is up to in the process:
We are looking for a Cryptocurrency Investment Research Analyst to provide research on the largest, most liquid listed and tradable crypto assets (for example, BTC, ETH and so on.). (…) The analyst will be expected to help develop and manage new crypto asset products. The analyst will have a great opportunity to be part of a growing investment team in Franklin Templeton’s crypto asset management team.
Analysts interested in this job should have a passion for blockchain protocols and/or cryptocurrencies, among other things. Someone who finds the crypto trading position exciting should have knowledge of trading derivatives and futures contracts. That is why it is not yet clear whether the investment company itself will trade Bitcoin / Ethereum. Indirect participation is also conceivable, for example by the company trading mining companies or derivatives on Bitcoin.
Good omen for the scene
Also in August, Yellow Rocket Agency reported that the world’s largest asset manager, Blackrock, has been buying up shares in bitcoin mining companies in a big way. In August, that included Marathon Digital and Riot Blockchain. And asset manager Fidelity is also cutting a slice of the crypto pie, investing 20 million US…dollars in shares of the company Marathon Digital.
Back in mid-August, retail giant Walmart caused a stir among crypto investors. This was because Walmart was looking for a “digital currency/cryptocurrency leader.” Through this news, rumors were fueled, whether Walmart is not then before the Bitcoin acceptance. Meanwhile, the company has already been conducting tracking tests on the blockchain since 2016. The shipping giant Amazon was also looking for a new employee in a similar job advertisement in July. Here, too, the rumors really heated up the crypto community.
The fact that Franklin Templeton, in addition to the asset managers mentioned above, is now also expanding its involvement in the crypto space is not surprising: it is evidence of a growing institutional interest in and the potential of the crypto market.