Remove your personal information from the web at https://joindeleteme.com/DAVIDLIN, use code DAVIDLIN for 20% off. Sandy Kaul, Senior VP of Digital Asset & Industry Advisory Services at Franklin Templeton, discusses the Trump administration's crypto regulatory overhaul, the coming tokenization of traditional assets from ETFs to real estate, and why institutions are bullish while retail remains bearish in the current market cycle. *This video was recorded on March 20, 2025.Use my promo codes to get a 10% discount on BTC Vegas (May 27-29), the world's biggest Bitcoin conference:BTC Vegas 2025: https://tickets.b.tc/event/bitcoin-2025?promoCodeTask=apply&promoCodeInput=DAVIDBitcoinAsia: https://tickets.b.tc/event/bitcoin-asia-2025?promoCodeTask=apply&promoCodeInput=DAVIDSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW SANDY KAUL:X (@FTDA_US): https://x.com/FTDA_USFranklin Templeton website: https://www.franklintempleton.com/FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro0:51 - Regulations2:31 - Discovering Bitcoin5:20 - Tokenization7:20 - Real estate tokenization9:07 - Multi-chain infrastructure10:49 - Trump and crypto12:44 - Retail v. Institutional cycles16:20 - Franklin Templeton’s ETF strategy18:24 - Altcoin ETFs20:31 - 2025 Bitcoin outlook21:32 - Investment allocation #bitcoin #crypto #investing