The deal will bring CoinFund’s liquid crypto strategies and leadership team into Franklin Templeton as the firm expands its digital assets platform.
Franklin Templeton has agreed to acquire New York-based 250 Digital, an active cryptocurrency investment management firm led by Christopher Perkins and Seth Ginns of CoinFund Management, as the American asset manager looks to expand its digital asset capabilities. Perkins will head the division and Ginns will serve as chief investment officer The deal will bring the 250 Digital investment team and all liquid crypto strategies previously run by CoinFund into Franklin Templeton, which will als