Bitcoin News

Story: Franklin Templeton Closes 250 Digital Deal, Launches Franklin Crypto With $1.

By James Thorp

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Who's Running Franklin Crypto. Christopher Perkins leads the division. Seth Ginns sits alongside him as Chief Investment Officer.

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What Franklin Crypto Actually Does. The pitch to institutional clients is straightforward: actively managed cryptocurrency exposure…

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A Long Time Coming. Franklin Templeton's blockchain work since 2018 laid the foundation for exactly this kind of move.

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Franklin Templeton made it official on June 22, 2026. The firm finalized its acquisition of 250 Digital and immediately stood up Franklin Crypto, a dedicated digital asset…

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The deal pulls the entire 250 Digital investment team into Franklin Templeton's orbit, along with the liquid cryptocurrency strategies those people had been running under CoinFund.

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That's worth sitting with for a second. While plenty of traditional asset managers spent 2018 through 2022 watching crypto from a safe distance — or quietly dismissing it —…

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CEO Jenny Johnson has made clear she's enthusiastic about the acquisition. She's framed it as a strategic strengthening of the firm's digital asset capabilities, not a side…

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The team structure matters here. Perkins and Ginns bring specialized crypto execution chops.

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The pitch to institutional clients is straightforward: actively managed cryptocurrency exposure inside a regulated, globally distributed framework.

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Read also: Franklin Templeton Files 2 Bitcoin Dividend ETFs With 20% Crypto Cap

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Franklin Templeton plans to roll out managed cryptocurrency strategies globally. No specific launch dates were given for individual products, and the firm didn't break down which…

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But the institutional angle is the real story. Big asset managers have been circling crypto for years. Some launched spot Bitcoin ETFs. Some set up custody solutions.

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The broader context: institutional appetite for digital assets has grown sharply, and large investors increasingly want access through managers they already know, with compliance…

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The CoinFund connection is worth noting. The liquid crypto strategies now sitting inside Franklin Crypto were previously managed under CoinFund's umbrella.

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