Franklin Templeton CEO: "The best investment in virtual assets is not Bitcoin (BTC), but the underlying infrastructure"
Summary
- The Franklin Templeton CEO stated that the biggest opportunity in virtual asset investments is not Bitcoin (BTC) itself but the supporting infrastructure.
- CEO Johnson emphasized that while Bitcoin serves as a financial safe haven, true innovation lies not in virtual assets themselves but in the foundational infrastructure that supports them.
- She noted the importance of blockchain networks and validators, and pointed out that regulation is the biggest obstacle to the migration of more financial products onto the blockchain.
According to crypto-focused media outlet CoinDesk on the 19th (local time), Franklin Templeton CEO Jenny Johnson stated, "The biggest opportunity in virtual asset investment is not in Bitcoin (BTC), but in the infrastructure that supports it."
CEO Johnson said, "Bitcoin serves as a financial safe haven against local currency devaluation, but sometimes it becomes an obstacle that obscures the essence," adding, "True innovation lies not in the virtual assets themselves, but in the underlying infrastructure that supports them."
She went on to say, "Blockchain networks and validators, which act as the picks and shovels, are important," and added, "While more financial products may move onto the blockchain going forward, regulation is the main stumbling block. Regulatory agencies are still not prepared to handle the possibility that many virtual assets may fail."
JH Kim
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