250 Digital
Coverage of 250 Digital in the Nexus archive.
- Franklin Templeton closes 250 Digital acquisition deal and sets up new Franklin Crypto division
Franklin Templeton has completed the acquisition of 250 Digital and established a new division called Franklin Crypto.
- Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition
Franklin Templeton has launched a dedicated crypto division following the acquisition of 250 Digital. The new unit is driven by rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from $768 million to over $2.5 billion in the past year.
- Franklin Templeton Closes 250 Digital Deal, Launches Institutional Crypto Division
Franklin Templeton has acquired 250 Digital, a crypto investment firm spun out of CoinFund in 2026, and launched Franklin Crypto, an institutional crypto division targeting pensions and large asset allocators. The acquisition was partially paid using BENJI tokens, representing shares in Franklin's tokenized money market fund, marking a first in financial services M&A.
- Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology
Franklin Templeton CEO Jenny Johnson argues that blockchains threaten Wall Street's fee-based revenue models by enabling lower-cost smart contract transactions. The firm demonstrated cost efficiency using its tokenized fund Benji and Stellar blockchain, and has expanded into digital assets through partnerships like MoonPay and on-chain acquisitions.