Franklin Templeton Enters Digital Assets Market with Strategic Acquisition

Franklin Templeton has made a strategic move into the digital assets market with the launch of Franklin Crypto, an investment unit designed to serve institutional clients such as pension funds and family offices.

The division is built on the acquisition of 250 Digital, an investment firm spun out of venture capital company CoinFund. This deal brings significant expertise in liquid crypto investments to Franklin Templeton's digital assets team, which manages around $1.8 billion.

Franklin Crypto will be led by industry veterans who bridge the gap between finance and blockchain technology. The unit will focus on active strategies, offering solutions such as long only, market neutral, and multi-strategy funds that combine 250 Digital's expertise in liquid crypto with Franklin Templeton's global risk management infrastructure.