$1.5T Franklin Templeton's Massive Bet on Crypto with SVP Sandy Kaul
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 6 February 2024
⏱️ 76 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF | Ryan and David unpacking the episode:
https://bankless.com/debrief-franklin-templeton
Franklin Templeton Has Entered the Chat. More broadly TradFi has entered the chat. Franklin Templeton is a TradFi company with $1.5 trillion in assets. We brought on their SVP Sandy Kaul, who is a turbo crypto bull.
What’s Franklin Templeton? It’s an investment management company (think mutual funds, ETFs) that manages over $1.5 Trillion in assets. This is what we in crypto affectionately refer to as TradFi and they recently came out with a BTC ETF and have big plans for future tokenization. They also seem to be incredibly bullish on crypto and this new intersection between crypto and TradFi. This is exactly what we wanted to explore with Sandy today.
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TIMESTAMPS
0:00 Intro
7:18 Explaining Crypto to TradFi
13:45 Why TradFi Waited
21:58 Explaining Tokens & Franklin Templeton’s Future Use
31:55 The Chameleon Asset
39:30 What’s Preventing Franklin Templeton?
46:27 Advice For Founders
48:37 Regulation Vibe Check
54:30 Countering Crypto Critiques
1:00:00 BTC & ETH ETF
1:12:16 Under or Over-Rated
1:15:00 Sandy’s Crypto Story
1:17:30 Franklin Templeton’s Twitter
1:19:20 Closing & Disclosures
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RESOURCES
Franklin Templeton’s Twitter
https://twitter.com/FTI_US
Sandy Kaul
https://www.linkedin.com/in/sandy-kaul-8571877/
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Franklin Templeton has entered the chat. What chat are we talking about, David? |
| 0:13.5 | The laser-eyed chat. |
| 0:14.0 | The chat with crypto. |
| 0:15.4 | Yeah, the laser-eyed chat. |
| 0:16.8 | The question in today's episode, Franklin Templeton is a Tradphi company |
| 0:20.3 | with 1.5 trillion in assets. |
| 0:22.3 | You can tell us TradFi because of the name. |
| 0:23.8 | Yeah, Franklin Teplton. |
| 0:26.4 | It's not the name of a D-Fi protocol. |
| 0:28.1 | But what do they think of crypto? |
| 0:29.7 | In fact, what does Trad-Fi think of crypto? |
| 0:32.0 | We have an executive from Franklin Templeton |
| 0:34.2 | weighing in on all of that and this was an incredible conversation. We'll get |
| 0:37.6 | to that later, but a few takeaways for you in the episode, we ask Sandy |
| 0:41.6 | Kroll who's the senior vice president Franklin |
| 0:43.8 | Templeton how do you explain crypto to Tradfi number two we ask why Tradfi has |
| 0:48.8 | been so resistant to crypto up to this point number three three, Sandy tells us why she thinks |
| 0:53.7 | crypto adoption in Wall Street is inevitable. Number four, we ask Sandy's |
| 0:58.1 | opinion on the Ethereum E. T. And she tells us why she resonates more with the Etheorem E.F. |
| 1:06.2 | And finally, we end the episode with an overrated, underrated lightning round where we talk |
| 1:11.0 | about CBC's stable, and the 2024 election. |
| 1:15.1 | But before we get into that conversation with Sandie Call, first a message from our |
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