Crypto
Franklin Templeton says stocks alone not enough in AI era, altcoins needed
Asset manager Franklin Templeton said that as agentic artificial intelligence spreads, stocks alone may not capture all investment opportunities and holding cryptocurrencies and altcoins may be necessary. Its digital assets and innovation head Sandy Kaul said rising on-chain transactions by autonomous AI agents could make tokens issued by related networks a core portfolio asset. She argued existing card and bank rails are ill-suited for machine-to-machine micropayments and cited projections for rapid market growth and adoption.