Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition

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CoinDesk - All News 10 hours ago • coindesk.com

Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division

The $1.7 trillion asset manager did not disclose the amount paid for the acquisition of 250 Digital but revealed its plans for a new corporate division exclusively for crypto investments.

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Cointelegraph - News 1 day ago • cointelegraph.com

Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition

The new unit arrives amid rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from roughly $768 million to more than $2.5 billion over the past year.

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