Jenny Johnson, the Chief Executive Officer (CEO) of Franklin Templeton Investments, one of the biggest asset management firms in the world has revealed the firm has more customized interests in blockchain innovations beyond Bitcoin.
Franklin Templeton Eyeing Tokenization
Despite being in the race for Bitcoin spot Exchange Traded Fund (ETF) Johnson revealed at the Fortune Global Forum in Abu Dhabi that the company is getting increasingly interested in tokenization in the broader financial industry.
Johnson identified the clear parallel between Bitcoin and the true potential of blockchain technology in democratizing the financial market. With blockchain, Johnson affirmed the ease of fractionalizing ownership of assets and transactions to make them faster and ultimately cheaper.
The tokenization potential spells a positive opportunity for Franklin Templeton and the firm has been harnessing this potential in the past few years. With the creation of a tokenized money market, Johnson is lead
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