In a delightful twist of fate, our dear Jenny Johnson, the illustrious CEO of the financial behemoth Franklin Templeton, has graced us with her wisdom in a recent op-ed for Fortune. She boldly proclaims that the financial industry simply cannot afford to ignore the charms of crypto and blockchain—oh, how quaint! 💸
With a flair for the dramatic, Johnson warns that those legacy firms clinging to their dusty old ways might find themselves as obsolete as Blockbuster on a Friday night. Yes, darlings, it seems the future is knocking, and it’s wearing a digital mask! 🎭
According to our visionary leader, this delightful disruption is set to unfold within the next five years. How thrilling! She insists that the old financial systems are as slow as molasses in January and far too geographically confined to keep up with the sprightly pace of modernity. 🐢
Our dear Jenny is positively convinced that crypto and blockchain are the golden keys to a treasure trove of advantages for investors. Why, they offer 24/7 trading, seamless asset tracking, and flexible tokenization—everything but a cup of tea! ☕
At the ripe age of 61, she’s noted that blockchain networks like Solana and Sui could give Visa a run for its money in transaction throughput. Meanwhile, decentralized exchanges like Uniswap are handling trading volumes that would make even the most seasoned banker blush. 💃
Franklin Templeton’s Crypto Capers
Now, let’s not forget that Franklin Templeton is no stranger to the crypto soirée. They dipped their toes into this nascent asset class back in 2018—how avant-garde! 🕺
In September 2021, they filed to raise a modest $20 million through their inaugural blockchain venture fund. A mere trifle, wouldn’t you say? 💰
The company has also rolled out several cryptocurrency ETFs, and in late 2024, they received the green light to launch the first ETF that combines Bitcoin and Ether in a delightful partnership with Hashdex. How charmingly innovative! 🌟
As reported by U.Today, Franklin Templeton is also the largest player to file for spot-based Solana and XRP ETFs. Bravo, darlings, bravo! 🎉
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2025-06-12 22:00