[Franklin Templeton CEO: Tokenization is securitization on steroids] Golden Finance reported that Jenny Johnson, CEO of asset management giant Franklin Templeton, said that tokenization is securitization on steroids. While she's bullish on blockchain, she's also pragmatic and thinks it's a long game. She also mentioned her role in Franklin Templeton’s commitment to blockchain. "We're doing a lot in this space. But I don't think there's going to be a return in five, seven, 10 years." Franklin Templeton owns a tokenized money market fund with $296 million in chain assets. However, although the transfer agent uses a public blockchain, it currently also has a traditional SEC compliance database.
