A senior executive at the $1.5 trillion asset management giant Franklin Templeton says that Ethereum (ETH) staking yield is presenting big opportunities for institutions looking at the crypto markets.

In a new interview on Real Vision with Raoul Pal, Pal asks senior vice president of Franklin Templeton Sandy Kaul if Ethereum staking could help spark institutional adoption.

In response, Kaul says,

“Let me just say, stay tuned to that space because I’ve seen some extremely powerful products that I think will fulfill exactly what you’re talking about.”

The asset management expert says the development of the crypto industry is reminding her of the hedge fund space in the mid 2000s, when institutions pounced on big market discounts to establish themselves and take control.

(By Alex Richardson)