Franklin Templeton, a leading global investment firm headquartered in San Mateo, California, has announced its plan to acquire 250 Digital, a cryptocurrency investment management firm. This strategic move aims to bolster Franklin Templeton's presence in the rapidly evolving digital asset market. The acquisition will bring aboard experienced industry veterans Christopher Perkins and Seth Ginns, who will co-lead the newly established Franklin Crypto unit alongside Tony Pecore. The newly formed division will focus on enhancing Franklin Templeton's active management capabilities in the multi-trillion dollar cryptocurrency market. As part of the agreement, Franklin Templeton will invest in all liquid cryptocurrency strategies previously managed by CoinFund. The firm currently oversees approximately $1.8 billion in digital assets as of December 31, 2025. This acquisition is anticipated to close in the second calendar quarter of 2026, subject to customary closing conditions. The transaction will also involve the use of BENJI tokens as payment, marking a significant step in conducting mergers and acquisitions using blockchain technology. Franklin Templeton has been a pioneer in digital asset investing since 2018, combining innovative research and technical expertise to offer cutting-edge solutions.