- Franklin Templeton has acquired crypto asset manager 250 Digital, creating a new division called Franklin Crypto to offer actively managed cryptocurrency strategies to institutional investors.
- This move expands Franklin Templeton's existing digital asset business, which includes tokenized funds, Bitcoin-linked ETFs, and partnerships with platforms like Binance and Ondo Finance.
- The acquisition aligns with the rapid growth of the tokenized asset market, with Franklin Templeton's own tokenized assets more than tripling in the past year.
Topics: Institutional adoption, Asset types, Infrastructure providers, Asset manager initiatives, Financial instruments, Tokenization platforms
Tags: #franklintempleton #250digital #cryptoinvestment #tokenizedfunds #bitcoinetfs #digitalassets #institutionalinvestors #blockchain #rwaxyz #ondofinance
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