Franklin Templeton CEO Calls Tokenization 'Securitization on Steroids'
Tokenization is causing a significant shift in the traditional securitization process, according to Jenny Johnson, the CEO of asset management giant Franklin Templeton. According to Johnson, tokenization can be described...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to Johnson, tokenization can be described as "securitization done on steroids," given its potential for transforming the traditional financial industry.
The comments were made during CNBC’s Delivering Alpha event on September 28 and first reported on by Cointelegraph on Sunday....
Read More: Franklin Templeton CEO Calls Tokenization 'Securitization on Steroids'
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
AAVE’s Stani Kulechov calls CLARITY Act a big deal for DeFi
The CLARITY Act could significantly reshape DeFi by providing a clear regulatory framework, potentially increasing institutional p...
Treasury Secretary Bessent calls for passage of Crypto Clarity Act, warns US risks losing global tech race
The US risks falling behind in tech innovation without clear crypto regulations, potentially losing economic opportunities to more...
Plume Network general counsel outlines tokenization’s benefits in Bitcoin Suisse wealth report
Tokenization's rise could redefine asset management, enhancing efficiency, transparency, and global competitiveness in financial m...
Bitcoin Suisse to cut up to half its Swiss jobs in overseas shift
Bitcoin Suisse's shift highlights a trend of crypto firms globalizing operations to optimize costs and navigate diverse regulatory...
Bitcoin open interest falls 14% as market positions shift toward spot trading
The shift towards spot trading reduces market volatility, potentially stabilizing Bitcoin prices and mitigating risks of liquidati...
Ukraine deploys unmanned vehicles to frontline, shifting military strategy
Ukraine's use of unmanned vehicles may redefine modern warfare, reducing human risk and influencing global military strategies. Th...