Franklin Crypto CIO says crypto prices are disconnected from fundamentals

Markets Franklin Crypto CIO says crypto prices are disconnected from fundamentals Institutional adoption of crypto is accelerating even as digital asset prices fail to reflect the industry's strongest fundamentals in years, Seth Ginns said. By AI Boost | Edited by Jennifer Sanasie Jul 13, 2026, 8:15 p.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Latest developments: In an interview with Jennifer Sanasie on CoinDesk's Public Keys Ginns said the convergence between traditional finance and crypto continues to gain momentum despite a prolonged market slump Franklin Crypto aims to build a leading fundamental crypto investment platform following Franklin Templeton's acquisition of 250 Digital, the firm that emerged from CoinFund's liquid investment business, Ginns said. While venture capital remains a natural fit for institutional allocators, Ginns said current market conditions also make liquid crypto investments increasingly attractive. "There's a big disconnect between where prices are and real fundamentals," Ginns said, pointing to growing institutional engagement across the sector. What this means: Ginns identified several developments that could bring more institutional capital into crypto markets. He pointed to Robinhood's blockchain initiative as an example of traditional financial distribution moving onto crypto rails, creating new opportunities for developers and users. Ginns also cited growing interest in tokenized money market funds, which could allow investors to earn yield while maintaining on-chain portability. Tokenized equities, stablecoin adoption and broader financial infrastructure are all contributing to the convergence of traditional finance and blockchain technology, he said. Reading between the lines: Regulatory clarity and improved token economics could become the next catalysts for crypto markets. Ginns said an upcoming Senate vote on the CLARITY Act could provide institutions with greater certainty about how digital assets will be regulated. He also expects more crypto projects to improve how value accrues to their tokens, arguing that stronger tokenomics are becoming increasingly important for fundamental investors. Hyperliquid was one example Ginns highlighted, saying its revenue-driven token buyback model has supported both fundamentals and price performance. Worth watching: Ginns believes established crypto projects could regain investor attention as they rethink their token models. He pointed to decentralized finance protocols such as Uniswap and Aave, as well as oracle network Chainlink, as examples of projects that could benefit from improved value capture for token holders. Ginns also said Stellar's efforts to deepen institutional engagement stand out among blockchain infrastructure projects. Media Network Interview AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . Latest Crypto News 1 TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race 32 minutes ago 2 Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials 2 hours ago 3 Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks 3 hours ago 4 Bitcoin panic-selling may be ending as sellers' profit margins disappear 4 hours ago 5 Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion 4 hours ago 6 Robinhood built a blockchain for tokenized stocks. Memecoins took over 4 hours ago 7 Bolivia weighs adding Tether's USDT to its national payments system 5 hours ago 8 UK Treasury report on tokenization cites Ripple as convergence model 6 hours ago 9 Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply 6 hours ago 10 Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity 6 hours ago Latest Research Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B. By CoinDesk Research 9 hours ago CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B. Why it matters : CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B. View Full Report More From Markets Bitcoin panic-selling may be ending as sellers' profit margins disappear Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply