Franklin Templeton acquires CoinFund subsidiary to expand its cryptocurrency services

  • Franklin Templeton, who already manages bitcoin and ether ETFs, dives deeper into the ecosystem.

  • There are financial details of the operation that have not yet been revealed.

The financial asset manager, Franklin Templeton, purchased the company 250 Digitala subsidiary of the venture capital firm CoinFund, with the aim of expanding its reach in the cryptocurrency market.

This acquisition, according to reported On April 1, 2026, the financial newspaper, WSJ, will give rise to the creating a new unit that will develop investment strategies specifically designed to investment funds and institutional investors.

250 Digital, whose spin-off from CoinFund occurred in January 2026, is led by executives Christopher Perkins and Seth Ginns, who join the operation. The Financial details and the total amount of the transaction have not been disclosed by the parties.

With this move, Franklin Templeton—which manages mostly traditional assets such as stocks and bonds—seeks to integrate CoinFund’s technical expertise into its large capital services structure.

In any case, as CriptoNoticias has reportedFranklin Templeton has a long history in the cryptocurrency market. This company manages bitcoin (BTC), ether (ETH), and XRP ETFs (exchange-traded funds).

On March 25, 2026, Franklin Templeton announced that, together with the cryptocurrency company, Ondo, they will tokenize 5 ETFs that will become available in digital format through Ondo Global Markets, the platform launched by Ondo in 2025 to bring traditional securities to on-chain environments.

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