Crypto industry veterans Christopher Perkins and Seth Ginns to co-lead Franklin Crypto alongside Tony Pecore, combining crypto-native expertise with Franklin Templeton’s global distribution to target institutional growth
SAN MATEO, CA, June 22, 2026 –– Franklin Templeton, a global investment leader, today announced the completion of its acquisition of 250 Digital, an active cryptocurrency investment management firm led by crypto industry veterans Christopher Perkins and Seth Ginns. The acquisition includes the 250 Digital investment team and all liquid cryptocurrency strategies previously run by CoinFund. Franklin Templeton will invest in these strategies as part of the agreement.
The closing of this transaction reflects Franklin Templeton’s long-term commitment to building infrastructure across the digital asset landscape, and its conviction in the technologies it believes will define the next generation of institutional investing.
Effective with this closing, Franklin Templeton formally established Franklin Crypto, its dedicated active digital asset management division. Perkins will serve as Head of Franklin Crypto with Ginns as Chief Investment Officer, alongside Franklin Templeton Digital Assets investment veteran Tony Pecore. Franklin Crypto will report to Sandy Kaul, Head of Innovation at Franklin Templeton.
Franklin Crypto will offer institutional investors actively managed cryptocurrency strategies, integrating the investment capabilities of the former 250 Digital team with Franklin Templeton’s global distribution.
The new division builds upon an existing set of digital asset capabilities within Franklin Templeton, including a fully dedicated digital asset unit for fundamental research, active portfolio construction, and institutional risk oversight.
About Franklin Templeton
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.
With $1.78 trillion in assets under management as of May 31, 2026, Franklin Templeton operates globally in more than 35 countries.
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