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Project Overview
Jenny is a community-controlled Metaverse DAO launching an NFT collection through Unicly. With Unicly, Jenny enables anyone to obtain ownership of its NFTs. Token holders of the DAO have full control, voting on vault parameters, treasury management, as well as buying and selling NFTs via multisig.
Canton CEO Says Crypto Industry Should Cement Adoption by 2028 to Withstand US Policy Shifts
Canton CEO and Digital Asset co-founder and CEO Yuval Rooz said at Token2049 in Singapore that the crypto industry should leverage the current regulatory environment to accelerate institutional adoption and drive broader blockchain usage, reducing the likelihood of future governments reversing the industry's progress. He said that regardless of what happens in 2028, the industry should reach a point of "no return."Yuval Rooz compared the opportunity for blockchain adoption to Uber and Airbnb, noting that both services achieved widespread use before regulators took restrictive measures. The next US presidential election is scheduled for November 7, 2028, which could bring changes in government and regulatory priorities.In the same panel discussion, Binance co-CEO Richard Teng said he hopes the CLARITY Act ultimately becomes law, adding that legislation can prevent regulatory backtracking and drive institutions into the market. Franklin Templeton CEO Jenny Johnson said legislation would increase certainty, but the industry should not rely on the bill's passage; the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have already been advancing crypto regulation under existing authorities. (Cointelegraph)
Barclays: U.S. Voter Backlash Could Intensify Regulatory Pressure on AI Infrastructure, Posing Political Risks for AI Trades
Bloomberg reported that Barclays' equity strategy team stated that the ongoing expansion of AI infrastructure is sparking a bipartisan voter backlash in the U.S., and markets may be underestimating related political risks ahead of this November's midterm elections. Strategists Jenny Yang and Alex Altmann noted that voter concerns over AI build-outs could trigger stricter regulatory scrutiny, with policy pressure expected to focus primarily on the regulation of data center construction and operations. This could introduce uncertainty into the heavily favored AI investment theme.
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Franklin Templeton CEO Criticizes Competitors' Tokenized Funds as "Lacking Substance"
According to CryptoBriefing, Franklin Templeton CEO Jenny Johnson stated at the TOKEN2049 Singapore conference that most competing tokenized funds on the market are merely "digital twins" of traditional products and do not truly leverage the efficiency advantages of blockchain. In contrast, Franklin Templeton's BENJI fund uses a public blockchain as its native ledger layer, supports per-second yield accrual, and incurs transaction costs of just $1.13 per trade, far lower than the approximately $150 typical of traditional methods.
Canton CEO Says Crypto Industry Should Cement Adoption by 2028 to Withstand US Policy Shifts
Canton CEO and Digital Asset co-founder and CEO Yuval Rooz said at Token2049 in Singapore that the crypto industry should leverage the current regulatory environment to accelerate institutional adoption and drive broader blockchain usage, reducing the likelihood of future governments reversing the industry's progress. He said that regardless of what happens in 2028, the industry should reach a point of "no return."Yuval Rooz compared the opportunity for blockchain adoption to Uber and Airbnb, noting that both services achieved widespread use before regulators took restrictive measures. The next US presidential election is scheduled for November 7, 2028, which could bring changes in government and regulatory priorities.In the same panel discussion, Binance co-CEO Richard Teng said he hopes the CLARITY Act ultimately becomes law, adding that legislation can prevent regulatory backtracking and drive institutions into the market. Franklin Templeton CEO Jenny Johnson said legislation would increase certainty, but the industry should not rely on the bill's passage; the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have already been advancing crypto regulation under existing authorities. (Cointelegraph)
Barclays: U.S. Voter Backlash Could Intensify Regulatory Pressure on AI Infrastructure, Posing Political Risks for AI Trades
Bloomberg reported that Barclays' equity strategy team stated that the ongoing expansion of AI infrastructure is sparking a bipartisan voter backlash in the U.S., and markets may be underestimating related political risks ahead of this November's midterm elections. Strategists Jenny Yang and Alex Altmann noted that voter concerns over AI build-outs could trigger stricter regulatory scrutiny, with policy pressure expected to focus primarily on the regulation of data center construction and operations. This could introduce uncertainty into the heavily favored AI investment theme.