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Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology

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Bitcoin Magazine Editorial
(08:39 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

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.

Franklin Templeton CEO Jenny Johnson has a straightforward explanation for why major financial institutions have been slow to embrace public blockchains: the technology…

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