In a series of tweets on Wednesday, global investment firm Franklin Templeton opined about the merits of layer one blockchain Solana and Ethereum, leading to speculation about the investment giant’s next move.

One of the largest asset management companies in the world, Franklin Templeton, manages over $1.4 trillion in assets.

“We believe as blockchains improve in fees and performance, the potential use cases that are unlocked grow exponentially,” the Franklin Templeton digital asset team said. “Improving the economics and experience for the end user cannot be overstated.”

Last week, Franklin Templeton joined other major firms, including BlackRock, VanEck, Ark Invest, and Fidelity, in having their spot Bitcoin ETFs approved by the U.S. Securities and Exchange Commission.

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Author: Jason Nelson

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