Franklin Templeton has agreed to acquire 250 Digital, an active cryptocurrency investment manager led by Christopher Perkins and Seth Ginns of CoinFund Management. The deal expands Franklin Templeton's digital-asset investment capabilities and distribution, with terms not disclosed. This represents a strategic push into crypto/fintech for the asset manager and should modestly enhance its product offering and market positioning in digital assets.
Franklin Templeton has agreed to acquire 250 Digital, an active cryptocurrency investment manager led by Christopher Perkins and Seth Ginns of CoinFund Management. The deal expands Franklin Templeton's digital-asset investment capabilities and distribution, with terms not disclosed. This represents a strategic push into crypto/fintech for the asset manager and should modestly enhance its product offering and market positioning in digital assets.
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