Crypto
Franklin Templeton sets up crypto unit, steps up push for institutional investors
Franklin Templeton has acquired 250 Digital, a crypto investment firm spun out of CoinFund in January, and will expand its cryptocurrency investing business, the Wall Street Journal reported. The firm is led by former CoinFund executives Christopher Perkins and Seth Ginns and will be renamed Franklin Crypto after the deal closes. Terms were not disclosed. Franklin Templeton said it has more than 50 staff dedicated to digital assets.
