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Franklin Resources Bets on Active Crypto, Acquires 250 Digital

Franklin Resources Bets on Active Crypto, Acquires 250 Digital

Franklin Resources, Inc. (NYSE:BEN) is included among the 15 Cheapest Stocks with Highest Dividends.

Franklin Resources Bets on Active Crypto, Acquires 250 Digital
Franklin Resources Bets on Active Crypto, Acquires 250 Digital

On April 1, Franklin Resources, Inc. (NYSE:BEN) said it has agreed to acquire 250 Digital, which will become part of its newly formed Franklin Crypto unit. The move reflects a deeper push into digital assets. By bringing 250 Digital in-house, the firm aims to expand its actively managed crypto investment offerings for institutional clients. This would go beyond basic exposure through products such as bitcoin ETFs.The firm currently manages $1.8B in global assets.

The deal is expected to close in the second quarter. Part of the payment will be made using BENJI…

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