Franklin Templeton’s Sandy Kaul says crypto’s next rally will extend beyond Bitcoin to protocols building new infrastructure
The reason that we really did bring Chris and Seth on and have them working with Tony and our native crypto team at Franklin, is because we need to be able to offer our clients the value that is being created. As more of the world’s economy is being rebuilt on crypto rails, people are going to need that exposure in their portfolio. It’s the next growth area. Just like AI, when it came out, was a growth area and everyone needed AI exposure in their portfolio. We truly believe that now everyone is going to need crypto exposure in their portfolios, and we are helping to educate people to understand that if you want to own the value a company is creating, you buy their stock. I think the next big move we see in crypto is going to be much more broad-based. It’s going to be more than just about what Bitcoin’s fundamentals are. It’s going to be a much broader-based rally, where people want to have exposure to the protocols where we are actually building the new infrastructure.
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