Franklin Templeton has acquired 250 Digital, a crypto-focused unit spun off from CoinFund. The deal strengthens Franklin Templeton's position in digital assets.
The unit, led by former CoinFund executives Christopher Perkins and Seth Ginns, brings expertise to Franklin Templeton’s 50-person digital-assets team. The move aims to offer institutional investors tailored crypto strategies.
Founded in 2018, Franklin Templeton has been expanding its crypto footprint. This acquisition supports that growth.