Franklin Templeton Completes Acquisition of 250 Digital, Launches Franklin Crypto Division

According to ChainCatcher, Franklin Templeton has completed its acquisition of 250 Digital on June 22, establishing the Franklin Crypto division. The deal includes 250 Digital's entire team and all liquidity-focused cryptocurrency strategies previously managed by CoinFund, with Franklin Templeton co-investing in relevant products. Christopher Perkins will lead the division as head, with Seth Ginns serving as Chief Investment Officer, alongside Tony Pecore from Franklin Templeton Digital Assets. Franklin Crypto will offer actively managed cryptocurrency investment strategies to institutional investors.
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