Franklin Templeton to Set Up "Franklin Crypto" Unit Aimed at Pension and Sovereign Wealth Investors

Franklin Templeton has announced the acquisition of 250 Capital, a CoinFund spinout, as it steps up its push into digital assets, ME News reported on April 1 (UTC+8). After the deal closes, the asset manager plans to launch a dedicated crypto division called "Franklin Crypto", focusing on pension funds and sovereign wealth funds. (Source: ODAILY)