Franklin Templeton is creating a dedicated cryptocurrency arm by acquiring 250 Digital, a firm that was spun out of CoinFund earlier this year. The move comes amid a broader market downturn but signals a continued institutional push into digital assets.
Franklin Templeton has acquired 250 Digital to bolster its institutional digital-asset capabilities, the firm announced April 1, 2026. The move aims to accelerate custody, tokenization and trading services for institutional clients.
Franklin Templeton has assigned XRP a 5.91% weighting, making it the third-largest holding in its Crypto Index ETF.
Franklin Templeton’s head of digital assets says Ripple is directing XRP-based capital toward infrastructure development and real-world financial services. The remark highlights institutional flows of crypto into tangible economic projects.
Franklin Templeton, the $1.6 trillion asset manager, says institutional demand for XRP is increasingly driven by necessity rather than speculation. The firm points to cross-border payments and tokenization on the XRP Ledger as real-world infrastructure use cases bridging TradFi and digital assets.
Franklin Templeton’s newly filed XRP ETF holds 118 million XRP — disclosed as a $118M stake in an SEC filing — giving investors price exposure without direct custody. The move expands regulated access to XRP for institutional and retail investors.
On Jan 13, 2026 Franklin Templeton updated its LUIXX money market fund to hold short‑term U.S. Treasuries and meet stablecoin reserve requirements, and its DIGXX fund added an on‑chain share class. The moves are aimed at linking traditional liquidity to on‑chain uses.
Franklin Templeton's Solana ETF received NYSE Arca approval and will begin trading, joining other SOL funds that have attracted steady daily inflows. The listing expands retail and institutional access to Solana and could lift liquidity for SOL.
Franklin Templeton submitted final SEC paperwork Tuesday for a Solana (SOL) ETF, following the firm's XRP ETF debut on the NYSE. The move signals another push to bring Solana exposure to traditional investors through an ETF structure.
Franklin Templeton has launched a new XRP ETF, intensifying competition among major asset managers while BlackRock remains off the field. The move signals growing institutional appetite for XRP amid evolving regulatory clarity.