Franklin Crypto

Franklin Crypto's CIO claims that cryptocurrency prices are not aligned with their underlying fundamentals. The statement highlights a perceived disconnect between market valuation and core metrics.

Franklin Templeton has completed the acquisition of 250 Digital and established a new division called Franklin Crypto.

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 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.