Franklin Templeton Exec Calls Agentic AI Crypto’s ‘Killer Use Case’ as ETH Nears $2K
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The Head of Digital Assets and Innovation at a $2 trillion asset manager publicly urged investors to buy ETH, a point highlighted by John Gillen in response to Franklin’s Sandy Kaul on crypto use cases in agentic AI payments. With the S&P 500 up about 20% over the past year to an all-time high in early June and strong investor appetite for AI-aligned stocks, institutional endorsement suggests potential adoption, funding and market tailwinds for ETH, DeFi and crypto payments.
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The Head of Digital Assets and Innovation for a $2 trillion asset manager “just said to buy ETH,” commented former BlackRock VP and host of Milk Road Daily, John Gillen, on Tuesday. His statement came in response to a lengthy post on X from Franklin’s Sandy Kaul on the use cases for crypto in agentic AI payments.
Most investors buy shares of AI-aligned companies to capture the growth opportunity today, he said. US stock markets have boomed with the S&P 500 climbing 20% over the past year to an all-time high in early June, largely driven by tech and AI stocks.
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