Jenny Johnson, the boss of asset management giant Franklin Templeton, foresees a bright future for blockchain.

This Monday, close-up on Franklin Templeton. The American giant with $1.6 trillion in assets under management has taken up the cause of cryptocurrencies. Its boss, Jenny Johnson, foresees a bright future for blockchain, including in traditional management.

Indeed, we could say that more and more fund managers who deal with bitcoin ETFs, like Franklin Templeton, have every interest in passing their products no longer through traditional management systems but through asset tokenization and blockchain. They are already working on it, this idea being legitimate since their underlying assets are already fruits of the blockchain.

“A very efficient technology”

For several months, Franklin Templeton has already managed ETFs simultaneously on traditional systems and on the blockchain. “I’m a big fan of blockchain and technology,” Jenny Johnson said on Bloomberg. She predicts that blockchain will be the ideal technological support for the management of certain financial products.

“It’s a very effective technology and we think it will open up many new investment opportunities. In the future, I think all ETFs and mutual funds will be on the blockchain,” considers this last.

These investment solutions, more economical in terms of fees than traditional management, would benefit from being even more economical thanks to the blockchain, particularly in terms of management of verification data and flow management. Once again, American managers are banking on blockchain to modernize the financial infrastructure, while making it more economical and more reliable.

On January 10, the American stock market watchdog (the SEC) has authorized 11 bitcoin spot ETFs, including that of Blackrock and Fidelity. An ETF (or Exchange Traded Funds) is an index fund trading on a stock exchange which follows the evolution of a stock index (or one or more financial or physical assets, such as gold) by replicating the increase as well as the drop in the price of this index (or these assets).

Antoine Larigaudrie with Pauline Armandet


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