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Jenny Johnson
Speaker · Proof of Talk 2026
Franklin Templeton

Jenny Johnson

CEO, Franklin Templeton

Chief executive of a $1.8 trillion asset manager that put a registered money market fund on a public blockchain in 2021 and bought a crypto investment team in 2026.

The Significance

Why the room needs them.

Jenny Johnson has been chief executive of Franklin Templeton since February 2020. The firm reported a record $1.8 trillion under management at 30 June 2026. Its BENJI fund put a US-registered money market fund on a public blockchain in 2021, and in 2026 it acquired 250 Digital from CoinFund to form Franklin Crypto. She spoke at Proof of Talk Paris 2026 in two Day 1 firesides, on onchain asset management and on tokenised money market funds.

The Numbers
$1.8tn
Assets under management at 30 June 2026, reported by the firm as a record
$63.3bn
Long-term net inflows, fiscal year to 30 June 2026
2021
BENJI launched as an onchain money market fund
The Biography

The full account.

Jenny Johnson has been chief executive officer of Franklin Templeton since February 2020, and sits on its board. She rose through the firm's operations and technology side: chief information officer from May 2003, executive vice president for operations and technology from December 2005, chief operating officer from March 2010, and co-president from October 2015. Franklin's proxy statement of 22 December 2025 records that she was also president of the company from December 2016 to October 2025, and has held the chief executive title alone since then.

Regulated fund products have moved onto public blockchains during her tenure. BENJI, formally the Franklin OnChain U.S. Government Money Fund, is described by The Block as the first U.S.-registered mutual fund to use a public blockchain at launch, in 2021. On 1 April 2026 the firm agreed to acquire 250 Digital, an active cryptocurrency investment manager spun out of CoinFund Management, and to form a unit called Franklin Crypto under Christopher Perkins, with Seth Ginns as chief investment officer alongside Tony Pecore; part of the consideration was payable in BENJI tokens. That acquisition completed on 22 June 2026.

She spoke at Proof of Talk Paris 2026 on 2 June, appearing twice on the Hecto Main Stage. At 11:45 she joined Adam Back, chief executive of Blockstream, for a fireside titled "The Great Crossover: Asset Management for the Onchain Investor". At 15:35 she returned with Caroline D. Pham for "21st Century Cash Optimisation: Embedding Digitally Native Money Market Funds Directly into OnChain Transactions". That same morning Franklin Templeton announced that BENJI had been integrated with MoonPay Trade, letting institutional users swap between stablecoins such as USDC and USDT and the tokenised fund.

The firm reported ending assets under management of $1,791.6 billion at 30 June 2026, which it called a record $1.8 trillion, with $18.4 billion of long-term net inflows in the quarter and $63.3 billion in the fiscal year to that date. Johnson has been a director of Thermo Fisher Scientific since July 2023. Franklin Resources, Inc., the registrant behind the Franklin Templeton brand, was renamed Franklin Templeton, Inc. effective 17 August 2026; the ticker remains NYSE: BEN.

The Thesis · on the record

What Jenny believes about the next ten years.

01
Tokenisation inside the regulated wrapper
Franklin Templeton's onchain work has run through registered fund products rather than separate vehicles. BENJI is the Franklin OnChain U.S. Government Money Fund, which The Block describes as the first U.S.-registered mutual fund to use a public blockchain at launch, in 2021. On 2 June 2026, the day of Johnson's two Proof of Talk sessions, the firm announced that BENJI had been integrated with MoonPay Trade so institutional users could swap between stablecoins such as USDC and USDT and the fund, with stated uses of "treasury management, liquidity provision, collateral, and portfolio rebalancing".
02
The crossover thesis, and the session that carried its name
Franklin Templeton publishes a 2026 essay called "The Great Crossover", carrying figures as of 1 July 2026, which argues: "In the near future, we believe there will no longer be a distinction between onchain and offchain finance. Instead, we believe there will be a single financial system running on blockchain infrastructure, where assets are tokenized, wallets replace accounts, and the lines that defined the last generation of finance become historical footnotes." The essay carries no byline, but it names Johnson, crediting her with approving the launch of the firm's Digital Assets team and, in 2026, with the decision to acquire 250 Digital and form Franklin Crypto. Her 11:45 fireside in Paris took the same title.
03
Buy the team, and pay partly in your own token
Announcing the 250 Digital agreement on 1 April 2026, Johnson said the deal would strengthen the firm's capabilities in digital assets and "position us among a small group of global asset managers with a dedicated, institutional-grade crypto investment management team". Part of the consideration was payable in BENJI tokens, the firm's own tokenised money market fund.
The Timeline

Years of shipping.

2003
Chief information officer of Franklin Resources, from May 2003.
2010
Executive vice president and chief operating officer, from March 2010, after four years running operations and technology.
2020
Appointed chief executive officer and a director of the company in February 2020.
2023
Joined the board of Thermo Fisher Scientific in July 2023.
2026
Agreed on 1 April to acquire 250 Digital from CoinFund and form Franklin Crypto; the deal completed on 22 June.
2026
Spoke at Proof of Talk Paris 2026 on 2 June, in two Hecto Main Stage firesides.
In Their Words

Lines that keep proving correct.

Together, their investment talent and differentiated strategies strengthen our capabilities in digital assets and position us among a small group of global asset managers with a dedicated, institutional-grade crypto investment management team, enhancing our ability to serve clients worldwide.

Franklin Templeton press release announcing the agreement to acquire 250 Digital and the formation of Franklin Crypto, 1 April 2026, attributed to "Jenny Johnson, CEO of Franklin Templeton". Re-verified word for word against the live page: https://investors.franklintempleton.com/news-center/press-releases/press-release-details/2026/Franklin-Templeton-Agrees-to-Acquire-Liquid-Strategies-from-CoinFund-Spinoff-Launches-Franklin-Crypto/default.aspx

We delivered $18.4 billion in long-term net inflows across public and private assets, bringing fiscal year-to-date long-term net inflows to $63.3 billion. During the quarter, we generated positive net flows across every asset class and geography, demonstrating the breadth of our investment capabilities and the strength of our global distribution platform.

Third-quarter fiscal 2026 earnings release, filed with the SEC as Exhibit 99.1 to a Form 8-K, 31 July 2026, attributed to "Jenny Johnson, Chief Executive Officer of Franklin Resources, Inc.": https://www.sec.gov/Archives/edgar/data/0000038777/000003877726000215/exhibit991q3fy26.htm
The Body of Work

What they have built, written, and backed.

Built

  • Franklin CryptoA crypto investment unit formed in 2026. Franklin Templeton agreed on 1 April 2026 to acquire 250 Digital, an active cryptocurrency investment management firm spun out of CoinFund Management, and completed the deal on 22 June 2026. Christopher Perkins heads the unit, with Seth Ginns as chief investment officer alongside Tony Pecore. Part of the consideration was payable in BENJI tokens.
  • BENJI, the Franklin OnChain U.S. Government Money FundThe firm's tokenised money market fund, launched in 2021 and described by The Block as the first U.S.-registered mutual fund to use a public blockchain at launch. On 2 June 2026 Franklin Templeton announced an integration with MoonPay Trade, letting institutional users swap between stablecoins such as USDC and USDT and the fund, for treasury management, liquidity provision, collateral and portfolio rebalancing.
  • A platform assembled by acquisitionLegg Mason in 2020, Lexington Partners in 2022 and Putnam Investments in 2024 were all acquired during her time as chief executive. Franklin's board writes in its December 2025 proxy statement that she "has been a key driver of many key acquisitions, including the acquisitions of Legg Mason in 2020 and Putnam Investments in 2024, as well as the expansion of the Company's alternative investment capabilities"; that credit is the company's own characterisation of her role.
  • Alternative credit under one brandFranklin's acquisition of Apera Asset Management closed on 1 October 2025, and its US and European alternative credit businesses were aligned under an updated Benefit Street Partners brand representing $95 billion in assets under management at 31 December 2025. Lexington's assets stood at $83 billion, a 46 per cent increase since its acquisition in 2022.

The next Proof of Talk is in Abu Dhabi.

Louvre Abu Dhabi, 3–4 December 2026. Admission is by application, and the room is capped at 2,000.

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