The news is a corporate initiative that could be modestly positive for financial/asset-management sentiment toward crypto exposure, though it is not directly tied to any single other active-symbol ticker provided (no clear mapping for Franklin Templeton/BEN in the active list).
Franklin Templeton Launches New Crypto Unit CryptoProwl Tue, June 23, 2026 at 6:58 PM GMT+2 1 min read BTC-USD Asset manager Franklin Templeton (NYSE: $BEN) is launching a new cryptocurrency investment unit following the completion of its 250 Digital acquisition. Franklin Templeton, which manages $1. 7 trillion U.
S. of investor assets, says it is now offering institutional clients actively managed crypto strategies. The investment first announced the 250 Digital acquisition in April as part of its ongoing expansion into digital assets.
Financial terms of the 250 Digital deal haven't been disclosed. More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A. I.
Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket 250 Digital was a cryptocurrency investment firm that specialized in liquid digital asset strategies. It has been completely absorbed by Franklin Templeton. The new division will combine the investment capabilities of the former 250 Digital team with Franklin Templeton's global investment management group.
Franklin Templeton said it also plans to invest its own capital into cryptocurrencies such as Bitcoin (CRYPTO: $BTC) moving forward. The new crypto unit includes the entire 250 Digital investment team, according to a written statement from Franklin Templeton. Crypto industry veterans Christopher Perkins and Seth Ginns will co-lead the new crypto unit.
Perkins will serve as Head of Franklin Crypto and Ginns will be Chief Investment Officer (CIO). BEN stock has risen 47% over the last 12 months to trade at $33. 69 U.
S. per share.
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