Franklin Resources Bets on Active Crypto, Acquires 250 Digital

2026-04-12 08:08:51

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Franklin Resources (NYSE: BEN) has announced the acquisition of 250 Digital, which will form part of its new Franklin Crypto unit, signaling a stronger commitment to digital assets and actively managed crypto investments for institutional clients. The acquisition, expected to close in Q2, will involve payment partially made in BENJI tokens and aims to expand beyond basic crypto exposure like Bitcoin ETFs. This move highlights Franklin Templeton’s progressive stance on digital assets, complementing its existing crypto ETFs and tokenized funds.

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