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

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

June 10, 2026 · 43 min

About this episode

Eleanor discusses the intersection of Wall Street and crypto with Adam Back and Jenny Johnson, exploring institutional adoption and the future of finance.

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 Crypto 1:01 Cypherpunk Movement And Institutional Adoption 4:34 Efficiency In Financial Services Through Blockchain 8:04 Impact Of Regulation On Crypto And Financial Services 15:20 Wallet-Native Infrastructure Vs. Traditional Intermediaries 24:32 Bitcoin's Evolution 42:03 The Relationship Between Wall Street And Crypto Subscribe to the podcast on Spotify: https://open.spotify.com/show/2Y3bQRjEQtdlNx1fxmS8hB Subscribe to the podcast on Apple…

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