Jenny Johnson, Franklin Templeton’s CEO, unveiled plans at the Fortune Global Forum to integrate blockchain into financial services, submitting an S-1 for a $1.3 trillion Bitcoin ETF to the SEC. The ETF aims for NYSE Arca listing, complying with regulations via cash and in-kind mechanisms. Johnson stressed blockchain’s broader potential, aiming to tokenize transactions beyond Bitcoin, revealing personal crypto holdings. The move signals a progressive approach by the SEC towards cryptocurrency integration.
Franklin Templeton’s Blockchain Integration and ETF Refiling Unveiled in Abu Dhabi
