Franklin Templeton to Acquire CoinFund Crypto Spinoff, Accelerating Digital Asset Push

Global asset manager Franklin Templeton is expanding its commitment to digital assets with the acquisition of a newly formed crypto-oriented spinoff from venture firm CoinFund. The move signals continued alignment between traditional finance and cryptocurrencies. According to a WSJ exclusive, the deal is centered on 250 Digital, a firm that was spun out of CoinFund earlier this year. It’s led by veteran crypto …