Franklin Templeton Formalizes Crypto Division with 250 Digital Acquisition

Franklin Templeton has solidified its position in the digital asset space by finalizing its acquisition of 250 Digital, a move first announced in April 2026. The transaction, closed on June 22, establishes Franklin Crypto as a dedicated active digital asset management division. This strategic acquisition integrates 250 Digital's investment team and liquid cryptocurrency strategies, previously managed under CoinFund, into Franklin Templeton's expansive ecosystem.

The new division will leverage 250 Digital's crypto-native expertise alongside Franklin Templeton's global client network and distribution infrastructure. Christopher Perkins has been appointed head of Franklin Crypto, while Seth Ginns, a co-founder of 250 Digital, will serve as chief investment officer. The division targets institutional investors seeking actively managed crypto exposure, building on Franklin Templeton's existing digital assets infrastructure.