Franklin Templeton completes acquisition of 250 Digital and launches dedicated crypto division Franklin Crypto
The asset management company with $1.78 trillion in assets under management has officially completed the acquisition of 250 Digital on June 22, 2026. This move marks the creation of Franklin Crypto — a separate division focused on digital asset management and active cryptocurrency strategies.
Team and Capital Integration
As part of the deal, the entire 250 Digital team and its liquid cryptocurrency strategies, previously managed through CoinFund, come under the direct management of Franklin Templeton. The company will now directly invest its own capital into these strategies, closing the deal announced on April 1, 2026. This confirms Franklin Templeton's long-term plans for development in the digital assets space — the company has been experimenting with blockchain technologies since 2018, launching one of the first funds in the US to use public blockchains for buy-sell operations and recording ownership rights of shares.
Key Appointments in the New Division
Christopher Perkins has taken the role of head of Franklin Crypto, and Seth Ginns has become the investment director. They work in partnership with Franklin Templeton Digital Assets veteran Tony Pecora. The division reports to Sandy Kaul, head of innovation. CEO Jenny Johnson stated: "This is an important addition for Franklin Templeton — we are pleased to welcome Chris, Seth, and the entire 250 Digital team. Their experience and approaches enhance our capabilities in digital assets and position Franklin Templeton among the few global asset managers with their own institutional cryptocurrency strategy team."
Institutional Scale and Active Strategies
Franklin Crypto leverages the expertise of Franklin Templeton's own digital team, focusing on fundamental research, active portfolio management, and an institutional approach to risk management. The new division targets institutional clients interested in active cryptocurrency strategies within a regulated environment and broad geographic presence. It combines professional execution in the crypto market with Franklin Templeton's proven infrastructure and client base.
Plans include launching active cryptocurrency strategies for institutional investors worldwide. The integration strengthens the company's position — Franklin Templeton will now be able to offer sophisticated digital solutions to institutions that are increasingly allocating capital to this asset class through established managers.
Expert opinion: This move by Franklin Templeton is not just an acquisition, but a strategic signal to the market. The creation of its own division with direct capital investment and the integration of the experienced 250 Digital team indicates that traditional giants are ready not only to observe cryptocurrencies but also to actively incorporate them into their portfolios. This will accelerate the adoption of digital assets among conservative institutional investors.