<p>Franklin Templeton, the asset management firm, has formed a blockchain venture fund that could raise as much as $20 million, public documents show.</p> <p><a href="https://www.sec.gov/Archives/edgar/data/1882656/000188265621000001/xslFormDX01/primary_doc.xml" target="_blank" rel="noopener">The firm's Wednesday filing</a> shows that the Franklin Templeton Blockchain Fund I, L.P. has raised $10 million to date out of a projected $20 million. It is classified as a pooled venture capital fund.</p> <p>As previously reported, Franklin Templeton has participated in a number of initiatives focused on crypto. The company is a stakeholder in a <a href="https://www.theblockcrypto.com/linked/112562/galaxy-digital-venture-fund-franklin-templeton" target="_blank" rel="noopener">venture fund of funds</a> launched this summer by Galaxy Digital. Franklin Templeton is an investor in crypto startups like <a href="https://www.theblockcrypto.com/linked/117609/citi-leads-15-million-series-a-for-crypto-data-startup-amberdata" target="_blank" rel="noopener">Amberdata</a>, taking part in the $15 million funding round announced this week. The firm also took part in an extended Series A round for custody startup Curv, which was later acquired by PayPal.</p> <p><a href="https://www.coindesk.com/business/2021/09/01/mutual-fund-giant-franklin-templeton-eyes-bitcoin-ether-trades-with-planned-hires/" target="_blank" rel="noopener">CoinDesk</a> reported earlier this month that Franklin Templeton is seeking to hire roles in an internal digital asset team. </p>