Franklin Templeton Acquires 250 Digital to Launch Franklin Crypto
April 1, 2026
Franklin Templeton agreed to acquire 250 Digital, including its liquid cryptocurrency strategies and investment team previously run as a CoinFund spinoff. The firm is launching a new institutional crypto investment division, Franklin Crypto, co-led by Christopher Perkins and Seth Ginns, and expects the transaction to close in Q2 2026 (subject to customary conditions).
- Buyers
- Franklin Templeton
- Targets
- 250 Digital
- Sellers
- CoinFund Management LLC
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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