Franklin Templeton CEO reveals TradFi’s blind spot on Bitcoin’s massive scale

Franklin Templeton CEO reveals TradFi’s blind spot on Bitcoin’s massive scale

Franklin Templeton CEO Jenny Johnson dropped a bombshell at the Wyoming Blockchain Symposium: Traditional finance is clueless about Bitcoin’s true size. In 2023, Bitcoin processed a whopping $36.6 trillion in transactions, dwarfing Mastercard and Visa’s combined $23.8 trillion. Johnson, who’s steering her firm into the crypto future, is baffled by this parallel financial universe that TradFi seems to ignore. Meanwhile, Franklin Templeton’s not just watching; they’re diving in with blockchain funds and a new crypto ETF proposal.

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