Franklin Templeton has completed its acquisition of crypto investment management firm 250 Digital and established a dedicated crypto asset management division called Franklin Crypto.
According to Foresight News, the deal includes 250 Digital’s investment team and all liquid crypto strategies previously operated by CoinFund, and Franklin Templeton will allocate capital to these strategies.
Following the transaction, 250 Digital co-founder Christopher Perkins will lead Franklin Crypto, with Seth Ginns serving as chief investment officer. The unit will be co-managed with Tony Pecore from Franklin Templeton’s digital assets team and will report to Sandy Kaul, the firm’s head of innovative business.
Franklin Crypto will offer actively managed crypto strategies to institutional investors.
Foresight News previously reported that Franklin Templeton announced the planned acquisition of 250 Digital in April 2026 to expand its cryptocurrency investment business. After the deal’s completion, the firm said it would launch a crypto division focused on serving pension funds and sovereign wealth funds under the name Franklin Crypto.
Franklin Templeton Completes 250 Digital Acquisition and Launches Franklin Crypto Unit
2026-06-22 14:04:04
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