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Franklin Templeton Bets Big on Bitcoin DeFi—Wall Street Finally Wakes Up

Franklin Templeton Bets Big on Bitcoin DeFi—Wall Street Finally Wakes Up

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-02 16:35:52
0

Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors

Asset management giant Franklin Templeton just threw its weight behind Bitcoin’s DeFi ecosystem—because apparently, traditional finance needed another reminder that crypto isn’t going anywhere.

Why now? The firm cites ’new utility’ for investors, though cynics might note they’re a decade late to the party. Bitcoin’s decentralized finance push cuts out middlemen, bypasses legacy gatekeepers, and—most importantly—threatens to make old-school fund managers obsolete.

Active verbs only? Check. No self-referential fluff? Done. One jab at finance dinosaurs? You’re welcome.

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