Top exec at $1.7 trillion Wall Street giant makes bold crypto call
Top exec at $1.7 trillion Wall Street giant makes bold crypto call
Kaul's broader argument is that capturing this shift will require more than owning shares of AI companies.
As AI agents increasingly transact directly on specific blockchains, she expects demand for those blockchains' native cryptocurrencies, and the smaller tokens built on top of them, to grow alongside that activity.
She compares the coming shift to the earlier jump from static websites to interactive, cloud-based apps, arguing that new leaders will emerge just as they did during that transition.
This article has been published in thestreet.com via Yahoo News.
Top exec at $1.7 trillion Wall Street giant makes bold crypto call
Investors have spent the last few years chasing AI growth by buying shares of companies like Nvidia and Microsoft. But a senior Wall Street executive says that strategy may not work for what comes next. Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton (NYSE: BEN), an asset ...
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