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06/23 10:22

A major acquisition Other recent crypto developmen

#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge A major acquisition Other recent crypto developments  Advertisement Traditional finance giant Franklin Templeton, which boasts an eye-popping $1.78 trillion in assets under management (AUM), has closed its acquisition of 250 Digital, according to a Monday announcement. After wrapping up the deal, the New York-based investment firm has now announced the launch of Franklin Crypto, which is a new asset division aimed at sovereign wealth funds, pensions, and so on. The firm is no longer just toying with crypto, given that it is now running active cryptocurrency strategies with a tech stack that heavily features the XRP Ledger (XRP), Stellar (XLM), Polygon (MATIC), and Aptos (APT). HOT Stories $1.8 Trillion Asset Manager Launches Crypto Division Bitcoin (BTC), Shiba Inu (SHIB), Ethereum (ETH) and XRP Price Analysis For June 22: Reclaiming Bullish Narrative A major acquisition Franklin Templeton first agreed to buy 250 Digital back in April. The newly acquired crypto investment firm in question was originally spun out of CoinFund in January.  Advertisement Leadership: The new Franklin Crypto division is spearheaded by crypto industry veteran Christopher Perkins as Head of Franklin Crypto, alongside Chief Investment Officer Seth Ginns. You Might Also Like Wed, 04/01/2026 - 16:19 Franklin Templeton Launches New Crypto Investment Management Platform ByCaroline Amosun The duo will work closely with Tony Pecore from Franklin Templeton Digital Assets.  Advertiseme Franklin Templeton is committing its own capital into the liquid cryptocurrency strategies that were previously managed by CoinFund.Notably, Franklin Templeton used BENJI tokens (the on-chain version of its Franklin OnChain U.S. Government Money Fund) to partially fund the acquisition. O
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