Franklin Templeton's 250 Digital Buy Expands Crypto Asset Management

The growth in Franklin Templeton's tokenization business has been sharp. According to RWA.xyz, the firm's tokenized assets rose from roughly $768 million in June 2025 to more than $2.5 billion today. That is a triple over roughly 10 months. Industry-wide, on-chain real-world assets climbed from $11.8 billion to $32.2 billion over the same period, the data provider reported.

The 250 Digital acquisition strengthens Franklin Templeton's standing in institutional crypto asset management at a time when the sector is seeing more demand from pension funds, endowments, and family offices. Many of these institutions prefer established managers with regulatory infrastructure over smaller crypto-native shops. Franklin Templeton operates in more than 35 countries and has a dedicated digital assets unit for research, portfolio construction, and risk management.

The play here is not just adding strategies but also building distribution. 250 Digital's team brings active crypto fund experience, and Franklin Templeton's sales network can place those products with institutional allocators who already trust the brand. For context, the broader tokenized asset market has more than doubled in a year, with major asset managers competing for share.

What makes Franklin Templeton stand out is its focus on regulated tokens and income-producing products. The BENJI fund, for example, is a tokenized money market fund that pays yield, competing with stablecoins that typically do not. The proposed dividend-to-Bitcoin ETFs would offer a yield conversion product rarely seen in traditional finance. These innovations rely on the infrastructure 250 Digital provides and the distribution Franklin Templeton already has.

The tokenized assets stood at $2.5 billion as of the latest RWA.xyz data, with Franklin Templeton now operating the Franklin Crypto division alongside its main fund business.