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Franklin Templeton will launch a crypto division called "Franklin Crypto," primarily targeting pension funds and sovereign wealth funds.
ME News message, April 1 (UTC+8). Franklin Templeton today disclosed that it will acquire CoinFund spin-off company 250 Capital to accelerate its expansion into the digital asset space. The latter is a company spun off from CoinFund. It is reported that after the acquisition transaction is completed, Franklin Templeton will launch a crypto division focused on serving pension funds and sovereign wealth funds and will name it “Franklin Crypto”. (Source: ODAILY)