- Franklin Templeton completed its acquisition of 250 Digital, finalizing a transaction first announced in April 2026.
- A new division, Franklin Crypto, has been established by combining 250 Digital’s investment team with Franklin Templeton’s existing digital asset operations.
- Former 250 Digital executives Christopher Perkins and Seth Ginns will lead the unit alongside Franklin Templeton digital assets executive Tony Pecore.
- The move expands institutional access to actively managed cryptocurrency investment strategies through Franklin Templeton’s global distribution network.
- Franklin Templeton’s tokenized asset value has reached $2.52 billion, reflecting continued growth in its blockchain-based investment business.
Franklin Templeton Finalizes 250 Digital Deal and Creates Franklin Crypto
Franklin Templeton has completed its acquisition of digital asset investment firm 250 Digital, closing a transaction that was first announced in April and establishing a new business unit known as Franklin Crypto.
According to the asset manager, the newly formed division combines the cryptocurrency investment team and strategies previously managed by 250 Digital with Franklin Templeton’s existing digital asset capabilities. Financial terms of the acquisition were not disclosed.
The new division will be led by former 250 Digital executives Christopher Perkins and Seth Ginns alongside Franklin Templeton digital assets executive Tony Pecore.
The transaction marks the latest step in Franklin Templeton’s expansion into digital assets as traditional financial institutions continue to increase their presence in cryptocurrency and blockchain-based investment markets.
The acquisition follows a broader restructuring within CoinFund. Earlier this year, CoinFund spun out its liquid strategies business into 250 Digital as the firm shifted its focus toward venture-oriented investment activities. The completed acquisition now places those liquid digital asset strategies under Franklin Templeton’s platform.
On April 1, Franklin Templeton announced plans to acquire 250 Digital to expand its institutional crypto investment offerings. The deal ultimately led to the creation of Franklin Crypto.
Institutional Crypto Investment Platform Expands
Franklin Templeton said institutional investors will gain access to actively managed cryptocurrency strategies through Franklin Crypto, supported by the investment expertise of the former 250 Digital team and the firm’s global distribution capabilities.
The launch strengthens Franklin Templeton’s efforts to build a broader digital asset ecosystem for institutional clients, ranging from crypto investment products to blockchain-based financial infrastructure.
The development comes as the firm continues to expand its cryptocurrency-related product lineup across multiple business segments.
Recently, Franklin Templeton filed for new ETFs that would automatically reinvest stock dividend income into Bitcoin exposure. The proposed products aim to combine traditional equity income strategies with long-term Bitcoin accumulation.
Earlier in February, the company also announced a partnership with Binance that enables institutional investors to use tokenized money market fund shares as collateral for cryptocurrency trading while maintaining regulated custody of underlying assets.
Tokenized Asset Business Continues to Grow
Recent blockchain data indicates continued growth in Franklin Templeton’s tokenized asset operations. According to RWA.xyz, the firm’s tokenized asset value has reached approximately $2.52 billion.
Franklin Templeton currently serves 1,236 real-world asset holders across nine tokenized products. Over the past 30 days, the value of assets distributed through its tokenized offerings increased by 1.94%, while the number of holders rose by 2.66%.
The latest acquisition adds to Franklin Templeton’s broader digital asset strategy at a time when tokenization, cryptocurrency investment products, and institutional blockchain adoption continue to expand across global financial markets.
As of May 31, 2026, Franklin Templeton reported $1.78 trillion in assets under management and maintains operations in more than 35 countries worldwide.
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