Franklin Templeton completes the acquisition of 250 Digital and launches Franklin Crypto: a new era of institutional investment in digital assets
A major player in traditional finance is taking another decisive step into the world of cryptocurrencies. Franklin Templeton, which manages $1.78 trillion in assets, officially closed the deal to acquire 250 Digital on June 22, 2026. Simultaneously, the launch of a new specialized division — Franklin Crypto — was announced, which will be responsible for managing digital assets.
Integration of Teams and Strategies
As part of this deal, the entire 250 Digital team, as well as all liquid cryptocurrency strategies previously managed through CoinFund, are moving under the direct control of Franklin Templeton. The company will now directly invest its own capital in these strategies. The deal, which was announced on April 1, 2026, confirms Franklin Templeton's long-term plans for development in the digital assets space. It is worth noting that the company has been experimenting with blockchain technologies since 2018, launching one of the first funds in the U.S. to use public blockchains for buy-sell operations and recording ownership rights.
Key Appointments in the New Structure
Christopher Perkins has been appointed head of Franklin Crypto, while Seth Ginns has taken the role of Chief Investment Officer. They will work in partnership with Franklin Templeton Digital Assets veteran Tony Pecora. The division reports to Sandy Kaul, head of innovation. CEO Jenny Johnson emphasized that the experience of the 250 Digital team enhances the company's capabilities in the digital assets space and positions Franklin Templeton among the few global asset managers with their own team for institutional cryptocurrency strategies.
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 is aimed at institutional clients interested in active cryptocurrency strategies, operating within a regulatory framework and broad geographic presence. The launch of active cryptocurrency strategies for institutional investors worldwide is planned.
Cryptalist Analysis: This move by Franklin Templeton is not just another acquisition, but a strategic maneuver that fundamentally changes the landscape of institutional investment in cryptocurrencies. By combining its own experience in digital assets with the proven infrastructure of 250 Digital, the company is creating a powerful hybrid capable of offering institutional clients sophisticated yet regulated solutions. This is a signal to the market: large capital is no longer seeking workarounds; it demands professional management with a high degree of trust and security, which Franklin Templeton can now fully provide.