What happens when traditional finance and decentralized finance collide? Join us in this insightful interview with Sandy Kaul, Head of Innovation at Franklin Templeton, as we explore the firm’s groundbreaking crypto experiments, DeFi-enabled opportunities, and the future of tokenized money market funds.
Key Topics Covered
Franklin Templeton’s onchain money market fund
How evolving crypto infrastructure is reshaping TradFi
New TradFi products enabled by crypto
Tokenization vs. stablecoins
Supply chain and enterprise resource management powered by DeFi
Regulation, obstacles, and the merging of TradFi and DeFi
Get a front-row seat to how one of the world’s leading financial institutions is driving innovation in the space.
Chapters:
00:00 Defiant Intro
01:04 Introduction to Sandy Kaul, Head of Innovation at Franklin Templeton
06:56 Franklin Templeton experimenting with crypto to save costs
08:11 Franklin Templeton’s onchain money market fund
09:26 Evolving crypto infrastructure from 2019 to today
11:42 What do institutions look for when planning to launch a product onchain?
13:41 Choosing blockchains based on use cases
16:15 Three new TradFi offerings enabled by crypto
19:56 Additional applications for DeFi: supply chain management
21:56 Additional applications for DeFi: enterprise resource management systems
22:49 Tokenized money market funds vs. stablecoins
25:11 Product bundles and asset classes
28:31 Obstacles to offering more crypto products
31:26 What clarity are you looking to regulation for?
34:16 Complex DeFi products being accepted in TradFi
35:13 DeFi and TradFi need to support one another
37:04 Regulation will open up new pools of assets and value
38:56 What will the merging of TradFi and crypto look like?
41:10 Will the back of house for these firms move onchain?
42:55 Consumer demand for crypto products
47:15 Payments outside of fiat
48:34 Incorporating crypto into Franklin Templeton model portfolios
50:35 What is the demand for current crypto offerings?
54:30 What does success look like for Franklin Templeton?
55:30 Closing Remarks
