Franklin Templeton's Crypto Expansion₿ Crypto

Franklin Templeton Expands Crypto Presence with 250 Digital Acquisition

April 1, 2026, 06:01 PM169 words6 sourcesAI-Generated · Reviewed by editorial team
Franklin Templeton Expands Crypto Presence with 250 Digital Acquisition

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Franklin Templeton is significantly expanding its digital asset capabilities through the acquisition of 250 Digital, a crypto investment firm spun out of venture capital firm CoinFund. The deal, expected to close in Q2 2026, establishes a new division, Franklin Crypto, dedicated to serving institutional investors with active crypto investment strategies. Christopher Perkins and Seth Ginns, former CoinFund executives, will lead Franklin Crypto as CEO and CIO respectively, alongside Tony Pecore from Franklin Templeton. This move allows Franklin Templeton to incorporate specialized trading expertise and liquidity management, particularly valuable after recent market volatility. A unique aspect of the transaction involves using BENJI tokens – representing shares in Franklin’s tokenized money market fund – as partial payment. Franklin Templeton has been actively building its digital asset team since 2018, currently employing over 50 professionals and managing approximately $1.8 billion in assets. The acquisition complements existing offerings like spot Bitcoin and Ethereum ETFs and tokenized ETFs, solidifying Franklin Templeton’s position as a key player bridging traditional finance and the digital asset space.

Source Articles

This article is based on analysis of 6 source articles from our news database.

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    Bitcoin.com··news.bitcoin.com·
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    The Defiant··thedefiant.io·
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