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The Nexus
BUSINESSJun 22 · 18:18 UTCBITCOIN MAGAZINEMicah Zimmerman

Franklin Templeton Closes 250 Digital Deal, Launches Institutional Crypto Division

Franklin Templeton has acquired 250 Digital, a crypto investment firm spun out of CoinFund in 2026, and launched Franklin Crypto, an institutional crypto division targeting pensions and large asset allocators. The acquisition was partially paid using BENJI tokens, representing shares in Franklin's tokenized money market fund, marking a first in financial services M&A.

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