Franklin CEO: Holds BTC, ETH, and Governance Tokens, Firmly Optimistic about Bitcoin Investment Demand
Franklin Templeton's CEO, Jenny Johnson, was interviewed at the Fortune Global Forum summit recently, where she once again emphasized the investment demand for Bitcoin and expressed strong confidence in blockchain technology. This is not the first time she has highlighted the importance of blockchain technology.
Franklin CEO: Tokenization is like "steroid securitization" and is leading the market through a significant transformation
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Why Franklin Continues to Explore Blockchain Technology?
Franklin Templeton, which started as a small brokerage firm in 1947, has grown into a global fund company with assets under management exceeding $1.3 trillion.
What sets Franklin apart is its ongoing exploration of blockchain technology. Jenny Johnson emphasizes:
It is crucial to differentiate between bitcoin and blockchain technology. Bitcoin has its own applications, and it is because of this demand that we applied for a bitcoin spot ETF. What is even more exciting is that blockchain technology will make private markets more accessible, eliminate friction costs in transactions, and ultimately achieve financial democratization.
Individuals also Hold DeFi Governance Tokens
Jenny Johnson mentioned that the proportion of cryptocurrencies in her overall investment portfolio is relatively small. However, the coins are quite diverse. In addition to mainstream coins like BTC and ETH, she also holds SushiSwap SUSHI, Uniswap Uni, and other competing coins.
No Prediction on the Approval Timing of Bitcoin Spot ETF
Although Jenny Johnson does see a demand for bitcoin, the approval of the ETF depends on regulatory agencies, and she will not speculate on this matter.
She emphasizes that Franklin Templeton's responsibility is to protect investors, and she believes that there will be more funds flowing in once the ETF is approved.
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