Franklin Templeton, Circle See Blockchain as Next Major AI Infrastructure Play

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Franklin Templeton's Sandy Kaul and Circle CEO Jeremy Allaire are making the case that blockchain networks will be central to the next wave of AI investment. Their argument centers on the rise of autonomous AI agents that can independently conduct financial transactions. As these AI systems begin spending and transferring money without human intervention, blockchain infrastructure is positioned to facilitate those activities. The two executives suggest this shift could make crypto and blockchain the defining trade of the AI era, potentially rivaling the returns seen in AI chipmakers like Nvidia.

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