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flag Franklin Templeton to acquire 250 Digital to expand crypto offerings.

flag Franklin Templeton is expanding its digital asset offerings by agreeing to acquire 250 Digital, a crypto investment firm spun off from CoinFund. flag The deal, expected to close in the second quarter of 2026, will launch a new division called Franklin Crypto led by executives Christopher Perkins and Seth Ginns. flag This move aims to strengthen the firm's institutional capabilities in cryptocurrency.

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