Franklin Templeton CEO: Has made a small investment in cryptocurrency
At the Global Wealth Forum held in Abu Dhabi, Jenny Johnson, President and CEO of Franklin D. Roosevelt, discussed the company's exploration of blockchain technology and the application for a Bitcoin ETF. Johnson emphasized the importance of distinguishing between Bitcoin and blockchain, and pointed out that blockchain technology will make private markets more democratic, reduce transaction costs, and make it easier to divide and transfer ownership of hard-to-handle assets. She also mentioned that the company's tokenized currency market fund demonstrates their confidence in this area. Regarding the approval of a Bitcoin spot ETF, Johnson said it depends on regulatory agencies, but she believes a spot ETF is a better way to obtain Bitcoin. In addition, she revealed her small investments in cryptocurrency and looked forward to other blockchain or cryptocurrency-related products that the company may launch.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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