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 <p class="is-style-lead">At the Fortune Global Forum, Jenny Johnson, President and CEO of Franklin Templeton, discussed the company’s strategic integration of blockchain technology into its financial services.</p>
 <p>Managing over $1.3 trillion, Franklin Templeton stands at the forefront of integrating blockchain into the financial mainstream, evident from initiatives like launching a U.S.-registered mutual fund on public blockchain and filing for a Bitcoin ETF.</p>
 <p>Johnson makes a distinction between Bitcoin and blockchain. She notes, “I think it’s important that we differentiate Bitcoin and blockchain… blockchain technology… is going to enable access to things like private markets.”</p>
 <p>Her vision for blockchain extends beyond <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, it’s about “the democratization of private markets” by “reduc[ing] the friction in transactions” to securitize or fractionalize ownership of complex assets.</p>
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    <p lang="en" dir="ltr">Franklin Templeton’s Jenny Johnson on Bitcoin ETFs, investing in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>, and how her firm is harnessing the blockchain. https://t.co/deBajWL83B</p>— FORTUNE (@FortuneMagazine) December 2, 2023
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 <p>Elaborating on the efficiency blockchain brings, Johnson says, “It’s going to make more efficient the types of products that you have today… imagine that you build a pooled vehicle on the blockchain.” She envisions this technological shift leading to “atomic settlement” which “removes the potential for fraud, it takes out latency in the system.”</p>
 <p>Her firm’s tokenized money-market fund and role as a node validator exemplify this commitment.</p>
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 <p>On the topic of a Bitcoin spot ETF, Johnson admits, “I don’t know. That’s in the hands of the regulators… Their job is to protect the consumers, and I think they’ll do it in time, as appropriate.”</p>
 <p>While uncertain of the timeline, she acknowledges the market demand for Bitcoin (BTC), considering it a more convenient investment method.</p>
 <p>Johnson’s introduction to blockchain and <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> came from her tenure leading Franklin Templeton’s technology division. “I’m always staying focused on new technological trends,” she said, likening her interest in blockchain to that in AI.</p>
 <p>The CEO’s personal investments in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, though a small part of her portfolio, include mainstream choices like Ethereum (ETH) and Bitcoin, as well as ventures like SushiSwap and Uniswap. Regarding future blockchain or <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>-related products, Johnson maintains, “Our job is to make the products available.”</p>
 <p>Franklin Templeton’s experiment with NFTs, starting with their Innovation Forum, reflects Johnson’s balanced view on new technologies.</p>
 <p>The company’s CEO believes in “investments that are anchored in having financial returns,” acknowledging that while not all NFTs will succeed, some will find value.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Franklin Templeton joins bid for spot Bitcoin ETF
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/franklin-templeton-ceo-holds-numerous-cryptocurrencies-tbt72582.html">https://thebittimes.com/franklin-templeton-ceo-holds-numerous-cryptocurrencies-tbt72582.html</a></p>

Franklin Templeton CEO holds numerous cryptocurrencies

TheBitTimes

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