Lookonchain APP

App Store

Franklin Templeton CEO: Crypto Investment Should Focus on Infrastructure Rather Than Bitcoin

2025.08.20 07:48:26

On August 20th, Jenny Johnson, the CEO of Franklin Templeton with $1.6 trillion in assets under management, stated at the SALT Conference held in Jackson Hole, Wyoming, that Bitcoin is a "Fear Currency." In her opinion, Bitcoin has diverted people's attention away from the genuine potential of blockchain. She holds the view that the most promising investment direction within the crypto space is blockchain infrastructure, encompassing blockchain networks, consumer applications, and node validators. Johnson anticipates that in the future, mutual funds and ETFs will gradually operate on the blockchain. However, regulatory risk still poses the greatest obstacle to this transformation. She emphasized that for active investment managers, the transparency brought by validators could bring about a "game-changing" impact. (CoinDesk)
Relevant content

A new crypto address withdrew 33,800 HYPE tokens from Coinbase, valued at approximately $1.88 million.

According to monitoring by Onchain Lens, a newly created wallet address has recently withdrawn a total of 33,810 HYPE tokens from Coinbase, valued at approximately $1.88 million.

1 seconds ago

Fund Monetalis appears to have sold $UNI and bought $HYPE. Wallets linked to #Monetalis sold 3.72M $UNI($13M) through...

Fund Monetalis appears to have sold $UNI and bought $HYPE. Wallets linked to #Monetalis sold 3.72M $UNI($13M) through Cumberland, then bought 171,543 $HYPE($9.56M).

1 seconds ago

A crypto whale that built a $30 million ETH position in June is suspected of reducing its position, having transferred over 10,000 ETH to FalconX, with an unrealized profit of $2.47 million.

According to monitoring by Ai Yi, a crypto whale that built a position worth approximately $30.05 million in ETH this June is suspected of reducing its holdings. The address transferred 7,981 ETH (valued at around $14.99 million) to FalconX three hours ago. Since July, the address has sent a total of 10,735.8 ETH (worth roughly $20.04 million) to FalconX. Calculated at an average cost of about $1,637, selling all the ETH transferred this time would generate an estimated profit of $2.47 million, with the current deposit price standing at approximately $1,867. The wallet currently holds around 7,625 ETH, valued at roughly $14.2 million, with an unrealized floating profit of about $1.86 million.

1 seconds ago

Sources: Anthropic projects its revenue will reach $190 billion to $200 billion by 2028.

Two people familiar with Anthropic’s financial affairs revealed that the AI firm projects its revenue will reach $190 billion to $200 billion by 2028. This forecast is far higher than the $47 billion in "annualized revenue" the company announced in May this year. Four sources said bankers and investors are using enterprise value-to-revenue multiples to value Anthropic based on the projection. Revenue multiples are common for high-growth software companies that have not yet built mature profit models. However, extending the forecast horizon to two years out is unusual, reflecting the rapid expansion of Anthropic’s business and the challenge of setting valuation benchmarks for a company that is still making heavy investments in AI infrastructure. (Jinshi)

1 seconds ago

Monetalis allegedly sold 3.72 million UNI tokens and switched to buying 171,500 HYPE tokens.

According to Lookonchain monitoring, wallets linked to the Monetalis fund are suspected of conducting asset rotation operations. The Monetalis-associated wallets sold approximately 3.72 million UNI tokens via Cumberland, valued at around $13 million, and subsequently purchased 171,543 HYPE tokens worth roughly $9.56 million. It remains unclear whether this transaction represents an official position adjustment by the fund, but on-chain data shows its capital flow has shifted from UNI to HYPE.

1 seconds ago

Chainlink repurchased 127,700 LINK, bringing its total reserve to 5.48 million LINK

According to monitoring by Onchain Lens, Chainlink has completed another LINK repurchase operation, acquiring 127,740 LINK tokens valued at approximately $1.12 million, and transferred the tokens to its reserve wallet. Data shows that Chainlink Reserve currently holds around 5.48 million LINK, worth roughly $48.5 million, with an average acquisition cost of $11.14 per token.

1 seconds ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano