Franklin Templeton exec says digital wallets will hold 'totality' of people's assets

Franklin Templeton exec says digital wallets will hold 'totality' of people's assets

At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles.

Digital Wallets Revolution: Franklin Templeton Exec Reveals Inevitable Shift To Wallet-Based Asset Management

BitcoinWorld Digital Wallets Revolution: Franklin Templeton Exec Reveals Inevitable Shift to Wallet-Based Asset Management NEW YORK, October 2024 – A seismic shift in global finance is approaching, according to Sandy Kaul, head of innovation at Franklin Templeton. During her keynote at the Ondo Summit, Kaul made a bold prediction that will reshape how we think about wealth. She declared that digital wallets will eventually store all of people’s …

Wallet-Native Asset Management Is the Next Frontier of Tokenization, Say Industry Leaders

The future of asset management will be wallet-native, not just digital, according to Sandy Kaul, head of innovation at Franklin Templeton. Speaking at the Ondo Summit in New York, Kaul said the financial industry is moving toward a model where all assets including stocks, bonds, funds, and alternative investments are held, managed, and interacted with directly through tokenized digital wallets. Kaul explained that the long-term vision is for ind…