Franklin Templeton CEO: Traditional finance underestimates the enormous scale of Bitcoin

2024-08-22 13:26:27

Collection

ChainCatcher news, Franklin Templeton CEO Jenny Johnson stated at the Wyoming Blockchain Symposium held in Jackson Hole that she spends 30% of her daily work researching disruptive technologies, as her main focus is positioning the company for the next generation, which includes digital assets. Johnson believes this is one of the two obvious trends she does not want to miss (the other being artificial intelligence).

"What’s crazy to me is that in traditional finance, they have no idea about the amount and transaction volume of (Bitcoin)," Johnson added.

In 2023, Bitcoin processed over $36.6 trillion in transactions, far exceeding Mastercard ($9 trillion) and Visa ($14.8 trillion). Johnson believes that the traditional finance sector is almost completely unaware of Bitcoin and its massive transaction volume, stating, "The entire ecosystem has almost ignored a parallel, huge ecosystem."

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.