Bankless $1.5T Franklin Templeton's Massive Bet on Crypto with SVP Sandy Kaul
15 snips
Feb 6, 2024 
Join Sandy Kaul, Senior Vice President at Franklin Templeton, a major player in investment management with a keen focus on crypto. She dives into how traditional finance is embracing cryptocurrency, highlighting Franklin Templeton's initiatives like the BTC ETF. The conversation covers the balance between financial innovation and user privacy, the importance of education for traditional investors, and the thrilling potential of smart contracts in asset management. Sandy also discusses the evolving landscape of this intersection and the future opportunities that await.
AI Snips
Chapters
Transcript
Episode notes
Crypto Explained to TradFi
- Explain crypto to TradFi by framing it as "Network Era 2.0", a natural evolution of the platform economy.
- Instead of company-owned platforms, we now have open protocol economies accessible via tokens.
Underhyping Crypto
- TradFi investors underexposed to crypto haven't treated it like 90s internet stocks.
- Sandy Kaul suggests this underhyping contrasts with the overhyping of internet stocks.
TradFi Resistance to Crypto
- TradFi's resistance to crypto stems from fiduciary duty, requiring clear regulations.
- Their slow-to-change culture, focused on proprietary tech, also contributes.