The asset manager is creating a new “Franklin Crypto” unit to expand beyond ETFs and target institutional demand for active digital asset strategies. Franklin Templeton is launching a dedicated cryptocurrency division, Franklin Crypto, anchored by its planned acquisition of crypto investment firm 250 Digital. The new unit will consolidate 250 Digital’s liquid crypto strategies, formerly managed by CoinFund, under leadership from ex-CoinFund executives and Franklin Templeton’s digital assets tea…
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