The CEO of a $1.5 Trillion Investment Firm is Bullish on Blockchain and Holds Crypto Investments
The CEO and president of Franklin Templeton, Jenny Johnson, expressed her optimism about blockchain technology and revealed that she is a crypto investor. Johnson, who leads a firm with clients in over 160 countries, recently discussed her outlook on digital assets and blockchain. In September, Franklin Templeton filed for a Bitcoin exchange-traded fund (ETF) spot in the US.
Personal Crypto Investments
Johnson disclosed that her personal crypto investments make up a small portion of her overall investment portfolio. She mentioned owning Bitcoin, Ethereum, and the native assets of decentralized exchanges like SushiSwap and Uniswap. Johnson believes in the use case of Bitcoin but is particularly excited about the broader concept of blockchain technology.
Unlocking New Opportunities
According to Johnson, blockchain technology has the potential to democratize private markets by reducing transaction costs. This will facilitate the securitization and fractionalization of ownership for traditionally challenging assets. She believes that blockchain will enable non-traditional and non-correlated asset classes while making existing products more efficient.
Hot Take: Embracing Blockchain’s Potential
Jenny Johnson, CEO of Franklin Templeton, expresses her enthusiasm for blockchain technology and reveals her personal crypto investments. By leveraging blockchain’s capabilities, Johnson believes that private markets will be democratized as transaction costs decrease. This will unlock opportunities for non-traditional asset classes and enhance the efficiency of existing products. With her bullish outlook on blockchain, Johnson showcases her confidence in the transformative power of this technology.
By
By
By
