Franklin Templeton Launches Franklin Crypto After Completing 250 Digital Acquisition

Franklin Templeton, one of the worlds largest asset managers with approximately $1.78 trillion in assets under management (AUM), has officially completed its acquisition of digital asset investment firm 250 Digital and unveiled a new crypto-focused business unit called Franklin Crypto. The newly established division is designed to serve institutional investors, including sovereign wealth funds, pension funds, endowments, and other large-scale financial entities seeking exposure to digital assets.