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Franklin Templeton Launches Dedicated Crypto Division After Closing 250 Digital Acquisition

6/23/2026

Franklin Templeton has formally launched a dedicated crypto division, anchoring the move by closing its acquisition of 250 Digital.

The asset manager's onchain product suite grew from roughly $768 million to more than $2.5 billion over the past year — a data point that frames the new unit as a structural response to momentum already in motion rather than a forward-looking bet with nothing behind it.

What the Onchain Data Shows First The scale of Franklin Templeton's onchain growth over the past year deserves attention before the press release narrative takes over.

A suite that expanded from roughly $768 million to more than $2.5 billion represents a material shift in how the firm's assets are being deployed and structured.

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