Sandy Kaul, Head of Digital Assets at Franklin Templeton, on why the Clarity Act matters for pension funds and endowments
The Clarity Act doesn’t change what Franklin Templeton is building, but Sandy sees it unlocking a wave of institutional capital. The reason is fiduciary duty. Big institutions like pension funds and endowments can’t put money into these markets without regulatory certainty. So the real opportunity is that the Act gives these deep pocketed investors, who currently hold little crypto, the cover they need to start establishing positions and allocations.
#Crypto #ClarityAct #Institutional #FranklinTempleton #Markets
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