Bitcoin's Biggest Buyer Could Get Kicked Out Of Major Stock Indexes

Franklin Templeton's Head of Innovation Sandy Kaul joins Scott Melker to talk tokenized money market funds, stablecoins and AI agents, after news that Strategy, Bitcoin's biggest corporate buyer, could be removed from MSCI indexes. Scott first weighs whether an MSCI removal is a real risk for Strategy. Sandy then explains how Franklin Templeton's Benji tokenized money market fund is used as collateral and for peer-to-peer payments, how banks and stablecoins compete on yield, what tokenized stocks and private funds can unlock, and how AI will optimize 24/7 markets. The Weekly Wreckoning covers Treasury yields, self-custody, quantum, Kraken buying a European bank, prediction market regulation, a hot PPI and more. In this episode:00:00 Intro: Strategy and the MSCI index risk04:00 Sandy Kaul joins: Franklin Templeton's digital asset build-out06:00 Benji, tokenized money market funds and AI cash sweeps08:00 Banks vs. stablecoins on yield and safety14:00 Tokenized funds as exchange collateral and peer-to-peer payments19:00 Retail access, programmable funds and tokenized stocks25:00 What tokenization unlocks: lending, yield and AI agents31:00 Tokenizing private funds35:00 Picking crypto assets as an active manager45:00 The Weekly Wreckoning Franklin Templeton Digital Assets on X: https://x.com/FTDA_US Watch this episode on YouTube: https://www.youtube.com/watch?v=JqcDSB23yTU If you enjoyed this episode, follow the show and leave a rating. It helps more than you know. Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ Learn more about your ad choices. Visit megaphone.fm/adchoices