Franklin CEO: New business models in the crypto space will disrupt traditional finance and nurture great companies

Franklin Templeton CEO Jenny Johnson stated at Hong Kong Fintech Week 2025 that the crypto world and the traditional financial world were previously two parallel universes, both substantial in size but almost completely non-overlapping. It was like two parallel lines moving forward, and suddenly the situation changed; the traditional financial world began to awaken and integrate with the crypto world, putting financial products on-chain, and customers started to strongly demand access to crypto assets.

For millennials, Bitcoin is like their gold. I believe Bitcoin itself is an asset, and it's almost like a religion—either you believe in it, or you don't. Franklin is paying attention to what is happening in the crypto world because disruption can come not only from traditional business competitors but also from the crypto world. Many new business models will emerge in the crypto space, and I believe the next batch of great companies will arise from this field—alongside AI companies.