Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition
CoinTelegraph·
60-second summary
Franklin Templeton is launching a dedicated crypto division following the closure of its 250 Digital acquisition, capitalizing on the rapid growth in tokenized assets. The company's onchain product suite has expanded from approximately $768 million to over $2.5 billion in the past year, demonstrating the increasing demand for digital assets and Franklin Templeton's growing presence in the crypto market.
The new unit arrives amid rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from roughly $768 million to more than $2.5 billion over the past year.