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Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...
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Produced by Daniel Aharonoff & Mogul Media AI

Franklin Templeton's Insights on Blockchain, Bitcoin, and Financial Disruption

As the President and CEO of Franklin Templeton, Jenny Johnson's recent remarks on Bitcoin and blockchain have sparked a lively debate within the financial services industry. Despite acknowledging blockchain as a significant disruption in financial services, Johnson's stance on Bitcoin has raised some eyebrows. While some interpreted her comments as a lack of belief in Bitcoin, Johnson clarified her position during an interview with CNBC, highlighting the growing demand for Bitcoin and the various reasons behind it. Here's a closer look at Franklin Templeton's foray into the world of blockchain and cryptocurrency:

Franklin Templeton's Perspective on Blockchain and Bitcoin

  • Bitcoin as a Distraction: Johnson's characterization of Bitcoin as a distraction from blockchain, which she views as a major disruptor in financial services, sheds light on Franklin Templeton's nuanced approach to digital assets.

  • Investment Opportunities: Johnson emphasized the diverse investment opportunities presented by blockchain technology, with Bitcoin being just one aspect of a broader spectrum of possibilities.

  • Tokenized Fund on Stellar Blockchain: Franklin Templeton's creation of a tokenized fund on the Stellar blockchain in 2021 underscores the firm's commitment to exploring innovative investment avenues.

  • Blockchain Venture Fund: In a filing with the SEC in 2021, Franklin Templeton outlined plans to raise $20 million for a blockchain venture fund, signaling the firm's strategic interest in blockchain initiatives.

  • Integration with Ethereum Scaling Network: Franklin Templeton's Nasdaq-listed OnChain U.S. Government Money Fund's adoption of the Ethereum scaling network Polygon reflects the firm's proactive approach to enhancing compatibility within the digital ecosystem.

  • Partnership with Curv: Franklin Templeton's collaboration with institutional wallet provider Curv in 2019 to manage digital shares on the Stellar blockchain highlights the firm's early involvement in blockchain technology.

The Appeal of Bitcoin as a Hedge

  • Hedge Against Oppressive Governments: Johnson echoed sentiments expressed by BlackRock CEO Larry Fink regarding Bitcoin's appeal as a hedge against oppressive governments, citing instances where individuals turned to Bitcoin to safeguard their savings amid political uncertainties.

As Franklin Templeton continues to navigate the evolving landscape of blockchain and digital assets, Johnson's insights offer a glimpse into the firm's strategic positioning and perspective on the interplay between blockchain technology and traditional financial services.

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