Does Crypto Need Wall Street, or Does Wall Street Need Crypto? | Adam Back & Jenny Johnson

Adam Back is the co-founder of Blockstream, the Bitcoin infrastructure company behind the Liquid Network, and one of the original figures in the cypherpunk movement. Jenny Johnson is the CEO of Franklin Templeton, the $1.8 trillion asset manager that was the first traditional finance firm to tokenize a money market fund.In this episode, recorded live at the 2026 Proof of Talk Conference, Eleanor sits down with both guests to discuss the convergence of Wall Street and crypto, what institutional adoption means for Bitcoin’s original vision, why tokenization is gaining momentum, the future of wallet-native finance, and where the debate over stablecoin yield is headed.TIMESTAMPS:0:07 The Convergence Of Wall Street And Crypto1:01 Cypherpunk Movement And Institutional Adoption4:34 Efficiency In Financial Services Through Blockchain8:04 Impact Of Regulation On Crypto And Financial Services15:20 Wallet-Native Infrastructure Vs. Traditional Intermediaries24:32 Bitcoin's Evolution42:03 The Relationship Between Wall Street And CryptoSubscribe to the podcast on Spotify: https://open.spotify.com/show/2Y3bQRjEQtdlNx1fxmS8hB Subscribe to the podcast on Apple:  https://podcasts.apple.com/us/podcast/crypto-in-america/id1799000155 Please note that this podcast is for informational purposes only and any views shared by anyone on the show are opinions, not financial advice. The host or guests may have a direct or indirect financial interest in content mentioned in this episode.This show is sponsored by Sei.  Learn more about Sei: https://www.sei.io/This show is sponsored by Sumsub. Get your copy of its State of the Crypto Industry report: https://sumsub.link/cdt Follow Crypto in America: https://x.com/CryptoAmerica_Follow our hostsJacquelyn: https://x.com/jacqmelinekGerald: https://x.com/thatgeraldEleanor: https://x.com/EleanorTerrett