Franklin Templeton Launches New Crypto Unit

CryptoProwl

Tue, June 23, 2026 astatine 11:58 AM CDT 1 min read

Asset manager Franklin Templeton (NYSE: $BEN) is launching a caller cryptocurrency concern portion pursuing the completion of its 250 Digital acquisition.

Franklin Templeton, which manages $1.7 trillion U.S. of capitalist assets, says it is present offering organization clients actively managed crypto strategies.

The concern archetypal announced the 250 Digital acquisition successful April arsenic portion of its ongoing enlargement into integer assets. Financial presumption of the 250 Digital woody haven't been disclosed.

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250 Digital was a cryptocurrency concern steadfast that specialized successful liquid integer plus strategies. It has been wholly absorbed by Franklin Templeton. 

The caller part volition harvester the concern capabilities of the erstwhile 250 Digital squad with Franklin Templeton's planetary concern absorption group. 

Franklin Templeton said it besides plans to put its ain superior into cryptocurrencies specified arsenic Bitcoin (CRYPTO: $BTC) moving forward.

The caller crypto portion includes the full 250 Digital concern team, according to a written connection from Franklin Templeton.

Crypto manufacture veterans Christopher Perkins and Seth Ginns volition co-lead the caller crypto unit. Perkins volition service arsenic Head of Franklin Crypto and Ginns volition beryllium Chief Investment Officer (CIO).

BEN banal has risen 47% implicit the past 12 months to commercialized astatine $33.69 U.S. per share.