The $1.7 trillion asset management firm has not revealed the purchase price for 250 Digital, but it announced a new division focused solely on cryptocurrency investments.
By Olivier Acuna|Edited by Jamie Crawley Jun 23, 2026, 12:35 p.m. 1 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Jenny Johnson, President and CEO, Franklin Templeton (CoinDesk)SummaryShow- Franklin Templeton has completed the acquisition of 250 Digital, an active crypto investment manager, and has launched a new division named Franklin Crypto.
- This division will merge the investment team from 250 Digital with Franklin Templeton’s global distribution network, and the firm plans to invest its own capital into these strategies.
- Christopher Perkins and Seth Ginns, both experienced in the crypto sector, will co-manage Franklin Crypto, with Perkins as the head and chief investment officer.
The asset management giant Franklin Templeton is creating a specialized active crypto investment management division through its acquisition of 250 Digital.
According to a statement from the firm, Franklin Crypto is designed to provide institutional investors with actively managed cryptocurrency strategies the asset manager stated.
Initially revealed in April, the acquisition and new crypto division reflect Franklin Templeton’s growing commitment to digital assets, although specific financial details of the transaction remain undisclosed.
This new division will integrate the investment capabilities of the 250 Digital team, along with all liquid cryptocurrency strategies they had previously managed under CoinFund, as noted in the statement.
Veterans of the crypto industry, Christopher Perkins and Seth Ginns, will lead the new division, with Perkins taking on the role of Head of Franklin Crypto and Chief Investment Officer.
Read More: Franklin Templeton proposes new ETFs that turn corporate dividends into bitcoin
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CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High
CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
By CoinDesk ResearchJun 15, 2026In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
Why it matters:
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.
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