Franklin Templeton to Buy CoinFund Spinoff, Build Out Crypto Investment Offering

In brief

• Franklin Templeton is acquiring 250 Digital, a CoinFund spinoff, as it builds out its own crypto wing, Franklin Crypto.
• The firm is bringing the 250 Digital team on board as well as its crypto investment strategies, which it will invest in as part of the deal.
• It is using BENJI…