Franklin Templeton completed its acquisition of 250 Digital on June 22, 2026, forming Franklin Crypto as its dedicated active digital asset management division. The $1.78 trillion asset manager integrates crypto-native active strategies with its institutional infrastructure to meet growing demand. The deal transfers the 250 Digital investment team and all liquid cryptocurrency strategies previously managed under CoinFund. Christopher Perkins leads the new division as Head, with Seth Ginns as CIO. This move builds on Franklin Templeton's early blockchain experiments since 2018.

Key facts

• Acquisition of 250 Digital closed June 22, 2026.
• Franklin Crypto launched as dedicated active digital asset division.
• Team from 250 Digital and CoinFund strategies integrated.
• Christopher Perkins heads division; Seth Ginns is CIO.
• Firm manages $1.78 trillion in assets as of May 31, 2026.

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