Franklin Templeton CEO Jenny Johnson said traditional finance resists public blockchains because they threaten fee-based revenue, as the firm expands aggressively into tokenization, bitcoin products, and on-chain finance.
The U.S. SEC is putting the finishing touches on a framework that would allow digital, blockchain-based versions of publicly traded stocks to trade on crypto platforms.
Depository Trust & Clearing Corporation will pilot tokenized securities trading in July 2026 and launch fully in October, marking a major Wall Street push to bring stocks, bonds, and ETFs onto blockchain rails.
Nasdaq partnered with Payward, the parent company of cryptocurrency exchange Kraken, to build a gateway connecting traditional stock markets with blockchain networks.
Coinbase CEO Brian Armstrong said the exchange cannot support the Senate Banking Committee’s latest draft of the CLARITY Act, warning that the bill, as...