24/7 Blockchains to Overtake TradFi: A Mel Brooks Take on Crypto’s Future!

Listen up, folks! The big cheese at Franklin Templeton, Jenny Johnson, is here to tell us how 24/7 blockchains are about to give the financial world a major makeover. 🌟

In an exclusive sit-down with Bloomberg Television, Jenny spills the beans on how the old school finance (TradFi) system is about to get a serious upgrade. She says, “Why are we still closing the stock market at a certain time every day? It’s like we’re living in the Dark Ages!” 🕰️

“We’ve teamed up with the legendary Standard Chartered Bank and the crypto exchange OKX to bring you something truly revolutionary. You’ll be able to swap stablecoins, park them in a yield-bearing account, and move them back whenever you want – 24/7, 365 days a year! Can you imagine that? It’s like having a personal ATM in your pocket, but way cooler!”

“Why can’t we trade stocks after 4:00 PM on the New York Stock Exchange? Because in the olden days, they needed to count the beans at the end of the day. But with blockchain, that’s all ancient history. We’re talking instant atomic settlement, baby! This is going to change the game and open up a whole new world of financial products.”

“At Franklin Templeton, we’ve already got our ducks in a row with a shareholder recordkeeping system that’s ready for this new era of atomic settlement. It’s like we’re building the financial equivalent of the Starship Enterprise!”

Jenny also points out that the lines between traditional and digital finance are about to get as blurry as a Picasso painting. 🎨

“President Trump, bless his heart, has recognized that this tech is going to be a game-changer. It’s going to lower costs, increase transparency, and make everything more secure. It’s like giving the financial industry a shot of espresso – it’s going to wake everyone up!”

“We’re going to see a beautiful convergence of traditional finance and the digital asset space. It’s a win-win for everyone, and I couldn’t be more excited!”

Read More

2025-08-21 03:05