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Franklin Templeton CEO: Crypto Investments Should Focus on Infrastructure, Not Bitcoin

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2025-08-19 20:01:00
Franklin Templeton CEO Jenny Johnson, who manages $1.60 trillion in assets, said at the SALT conference in Jackson Hole, Wyoming that bitcoin is a "fear currency" that, in her opinion, distracts from the true potential of blockchain. She believes that the most worthwhile direction for investment in the crypto space is blockchain infrastructure, including blockchain networks, consumer applications, as well as node validators. Johnson expects mutual funds and ETFs to gradually operate on blockchain in the future, but regulatory risk remains the biggest obstacle to this transition. She emphasized that the transparency provided by validators could be a "game changer" for active investment managers.
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