• Franklin Resources (NYSE:BEN) has acquired 250 Digital, a cryptocurrency investment firm.
• The company has launched Franklin Crypto, a dedicated platform for digital asset investments.
• This move expands its product range beyond traditional asset management and into digital assets.

Franklin Resources, known for its mutual funds and other traditional investment products, is now adding dedicated crypto capabilities through the acquisition of 250 Digital and the rollout of Franklin Crypto. Large asset managers have been exploring digital assets as clients look for more ways to get exposure to cryptocurrencies and related strategies. This shift gives investors another way to access digital assets inside an established asset management…