Franklin Templeton Expands Crypto Play with 250 Digital Acquisition

Event summary

  • Franklin Templeton to acquire 250 Digital, a crypto investment firm spun off from CoinFund, including its liquid strategies and team.
  • Christopher Perkins and Seth Ginns will lead the new Franklin Crypto unit, reporting to Sandy Kaul, Head of Innovation.
  • Transaction expected to close in Q2 2026, with BENJI tokens as part of the payment consideration.
  • Franklin Templeton Digital Assets manages approximately $1.8 billion in global assets as of December 31, 2025.

The big picture

Franklin Templeton's acquisition of 250 Digital underscores the growing institutional interest in crypto assets. With over $1.7 trillion in AUM, the firm is positioning itself as a leader in digital asset management, combining crypto-native expertise with its global distribution capabilities. This move comes as blockchain technology and digital assets continue to gain traction among traditional financial institutions.

What we're watching

Institutional Adoption
How Franklin Templeton's acquisition will position it among global asset managers with dedicated crypto investment teams.
Regulatory Landscape
Whether the use of BENJI tokens in the transaction will set a precedent for on-chain M&A.
Execution Risk
The pace at which Franklin Crypto can integrate 250 Digital's strategies and team to drive institutional growth.

Related topics

Acquisition