It has been reported that Franklin Templeton became the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals.
However, its newly opened crypto positions target professionals to work with the “largest, most liquid and tradable crypto assets,” including Bitcoin (BTC) and Ether (ETH). The company’s crypto research analyst will be responsible for creating and maintaining valuation models, and keeping portfolio managers and senior executives informed of related business opportunities, regulations, and technologies like staking.
The report said that the analyst will be expected to help Franklin Templeton grow and manage new products in the crypto industry. The trader position is seeking an expert to execute Franklin Templeton’s crypto trades and be responsible for the timely execution of portfolio rebalancing and supporting work processes that involve reconciliation and settlement.
The job description stated:
“The quantitative trader will also bring a process automation mindset to build or work with developers to construct tools to support the platform’s growth.”
Likewise, with more than $1.4 trillion in assets under management, Franklin Templeton is one of the largest independent asset managers in the world, offering several professionally managed mutual funds.
The company has been working on getting involved in adopting the blockchain and cryptocurrency industry in recent years. In 2019, Franklin Templeton led a funding round for Proof of Impact, a blockchain-based marketplace for natural and social capital.
Thus, previously, Franklin Templeton Investments filed a prospectus with the United States Securities and Exchange Commission for a state money market fund that focuses on blockchain-based shares.