Franklin CEO: All ETFs and mutual funds will eventually go on-chain

ChainCatcher news, Franklin Templeton CEO Jenny Johnson stated that she is a strong fan of blockchain technology. The company conducted a parallel experiment using traditional methods and blockchain to process account records for six to eight months. Jenny Johnson noted that the results were very positive, "We were surprised by how much lower the costs were to run it on-chain."

Johnson stated, "Blockchain is a very efficient technology. We believe that blockchain will bring many new investment opportunities, and all ETFs and mutual funds will eventually appear on-chain."

Additionally, Johnson acknowledged the practicality of generative AI systems but also warned that it is somewhat like "a student who excels in English but fails in math."