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Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology
Franklin Templeton CEO Jenny Johnson said traditional finance resists public blockchains because they threaten fee-based revenue, as the firm expands aggressively into tokenization, bitcoin products, and on-chain finance.
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coindesk.com
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.
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bitcoinmagazine.com
Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology
Franklin Templeton CEO Jenny Johnson said traditional finance resists public blockchains because they threaten fee-based revenue, as the firm expands aggressively into…