meta_pixel
Tapesearch Logo
Log in
Real Vision: Finance & Investing

Franklin Templeton: Building a Mutual Fund on Solana (Breakpoint 2024)

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 27 September 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

👉 For more information, visit solana.com/breakpoint. Disclaimer: This is sponsored content from Solana *SPONSORED CONTENT* Did you miss out on Breakpoint 2024? In partnership with Solana, Real Vision is releasing the best talks from Breakpoint 2024. In this first keynote, Mike Reed, SVP and head of digital asset partnership development at Franklin Templeton, gives a 5-minute, 5-slide talk on tokenizing real-world assets. Breakpoint is the annual gathering of the Solana community, hosted by the Solana Foundation. This year, it was held on September 20-21 in Singapore. For more information, visit solana.com/breakpoint. Timestamps: 00:00 | Introduction: Join the Real Vision Community 00:21 | Raoul Pal’s Introduction and Interest in Solana 01:07 | Mike Reed’s Introduction and Franklin Templeton’s Journey 02:02 | Launching a Money Fund on Blockchain and Initial Challenges 02:59 | Interest Rate Impact and New Client Inflows 03:26 | Use Case for VC Funds and Transferability 04:17 | Onboarding with Digital Assets and Cross-Blockchain Movement 04:44 | Developing on Solana and Tech Suitability Framework 05:11 | Reasons for Choosing Solana: Speed, Cost, Architecture, and Team 06:00 | Conclusion and Invitation to Engage Further DISCLAIMER The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor. Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein. The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities. About Real Vision™: We arm you with the knowledge, the tools, and the network to succeed in your financial journey. Elevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3Y4t5Pw Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Web: 🔥 https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everyone. As you know, Solana is one of the ecosystems I'm the most interested in.

0:06.9

I've been incredibly bullish. I love to see the vibrancy of what is happening in the space.

0:12.0

Unfortunately, I couldn't make Breakpoint this year, but the stories have been

0:16.7

amazing. I heard the talks are incredible and we're really proud of Real Vision to give you

0:27.0

talks from Salana Breakpoint 2024 in Singapore. I'll say it's very bright up here,

0:43.9

so the size of the crowd isn't quite as intimidating

0:46.0

as it might be otherwise.

0:46.8

But hello, I'm Mike Reed, I run Partnership Development

0:50.8

at Franklin Templeton Investments. And I'm gonna talk to you today about putting a money fund on chain,

0:55.0

what that looks like, why we did it, and why we thought it would be a good idea.

0:59.0

As I was preparing for this, I realize that I think I have nine slides and now four and a half minutes to go through them

1:06.0

so I'm not going to go through this slide by slide.

1:08.0

I thought it would be better to tell you about our journey

1:11.0

and where we started and where we are now and why we're excited for the future.

1:16.6

Our idea, no one cares about that.

1:20.6

Say a load of tokenization.

1:21.8

Our idea was to try and find operational efficiencies in our overall business

1:27.0

by using blockchain technology.

1:29.0

And we thought that the idea of putting a money fund on chain quite frankly sounded kind of cool and

1:33.7

sounded fun so we began that process you know we chose a money fund very

1:38.9

specifically because money funds have long been in the transactional economy there's

1:42.4

money funds that have check writing

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.