The Future Economy is Decentralized ft. Sandy Kaul

Raoul Pal interviews Sandy Kaul, Head of Innovation at Franklin Templeton, about the evolving landscape of crypto and traditional finance. They discuss the institutionalization of crypto, the role of tokenization in money market funds and asset management, and the potential for personalized and flexible investment portfolios. They explore the shift from account-based to wallet-based ecosystems, the tokenization of various assets, and the future of capital markets, including the potential for decentralized asset management and the impact of AI. The conversation also touches on the challenges of distribution and custody in the new financial landscape, as well as the importance of education and regulatory clarity.