Franklin Crypto CIO Says Crypto Prices Are Disconnected From Fundamentals

Franklin Crypto CIO Seth Ginns said crypto prices are “disconnected” from fundamentals even as institutional adoption accelerates. In an interview on CoinDesk’s Public Keys, according to CoinDesk, Ginns said the convergence of traditional finance and crypto is gaining momentum despite a prolonged market slump. Ginns said Franklin Crypto is building a fundamental crypto investment platform after Franklin Templeton acquired 250 Digital, and cited Robinhood’s blockchain initiative, tokenized money market funds, tokenized equities and stablecoin adoption as drivers. He also pointed to an upcoming Senate vote on the CLARITY Act and improved token economics as potential catalysts, citing Hyperliquid’s buyback model.