Franklin Templeton Completes Acquisition of 250 Digital, Establishes Active Digital Asset Management Division Franklin Crypto

CoinFeed June 22 news, Franklin Templeton announced it has completed the acquisition of crypto asset investment management firm 250 Digital, including its entire team and all liquid cryptocurrency strategies previously managed by CoinFund. Franklin Templeton will also invest in related products. The company simultaneously established a dedicated active digital asset management division, Franklin Crypto, led by Christopher Perkins as head and Seth Ginns as chief investment officer, co-leading with Tony Pecore, a member of the Franklin Templeton Digital Assets investment team.