BEN

Franklin Resources Inc Price

Closed
BEN
$26,63
+$0,20(+%0,75)

*Data last updated: 2026-04-16 07:49 (UTC+8)

As of 2026-04-16 07:49, Franklin Resources Inc (BEN) is priced at $26,63, with a total market cap of $13,86B, a P/E ratio of 22,67, and a dividend yield of %2,47. Today, the stock price fluctuated between $26,43 and $26,75. The current price is %0,75 above the day's low and %0,44 below the day's high, with a trading volume of 2,94M. Over the past 52 weeks, BEN has traded between $22,62 to $26,75, and the current price is -%0,44 away from the 52-week high.

BEN Key Stats

Yesterday's Close$26,43
Market Cap$13,86B
Volume2,94M
P/E Ratio22,67
Dividend Yield (TTM)%2,47
Dividend Amount$0,33
Diluted EPS (TTM)1,19
Net Income (FY)$524,90M
Revenue (FY)$8,77B
Earnings Date2026-04-28
EPS Estimate0,57
Revenue Estimate$1,70B
Shares Outstanding524,70M
Beta (1Y)1.473
Ex-Dividend Date2026-03-31
Dividend Payment Date2026-04-10

About BEN

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
SectorFinancial Services
IndustryAsset Management
CEOJennifer Johnson
HeadquartersSan Mateo,CA,US
Employees (FY)9,80K
Average Revenue (1Y)$894,96K
Net Income per Employee$53,56K

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Franklin Resources Inc (BEN) Latest News

2026-04-14 15:52

Believe Founder Faces Rug Pull Charges as DOJ Opens $40M OneCoin Victim Compensation

Gate News message, April 14 — Ben Pasternak, the 26-year-old Australian founder of Solana-based platform Believe, is facing indictment in New York federal court over an alleged rug pull scheme, while the U.S. Department of Justice has opened a compensation process for victims of the OneCoin fraud with over $40 million in forfeited assets now available. Prosecutors allege that Pasternak's platform, previously called Clout, engaged in a deceptive cycle of rug pulling by launching a series of tokens: $PASTERNAK, later rebranded as $LAUNCHCOIN, and then $BELIEVE. Civil lawsuits claim the platform processed over $6 billion in trades and extracted approximately $54 million in fees while investors suffered massive losses. The case is under review in the Southern District of New York. The DOJ's compensation program targets victims of OneCoin, a fraudulent cryptocurrency marketed as a "Bitcoin killer" that operated from Sofia, Bulgaria, between 2014 and 2019. The scheme defrauded an estimated 3.5 million people out of over $4 billion. Victims who purchased OneCoin during those years may file for compensation by the June 30, 2026 deadline. OneCoin co-founder Karl Sebastian Greenwood was sentenced to 20 years in prison, while the other co-founder, Ruja Ignatova, known as the "Cryptoqueen," remains on the FBI's Top Ten Most Wanted list. Both cases are being handled by the Southern District of New York.

2026-04-09 10:47

A CEX co-founder donates $5.4 million to the UK’s Reform UK party

Gate News message: On April 9, a CEX co-founder, Ben Delo, disclosed that he had donated $5.4 million (about £4 million) to the Reform UK Party, led by Nigel Farage. The donation took place before new regulations were introduced in the UK setting a £100k cap on donations from overseas expats. Delo previously pleaded guilty in the United States in 2022 for the exchange violating anti-money-laundering compliance rules, paid a $10 million fine, and was later pardoned by Trump. Reform UK previously received a £11.4 million donation from Christopher Harborne, a Thai national and a Tether investor. The party positions itself as the most crypto-friendly political party in the UK, but the UK government has issued a suspension order on cryptocurrencies in political donations. Delo said he plans to move to the UK, at which point he will not be subject to donation limits.

2026-03-25 12:01

StarkWare CEO: Current Crypto Bear Market Has Shifted from "Fraud Winter" to "Traditional Finance Bear Hug"

Gate News, March 25 — StarkWare CEO and former Zcash co-founder Eli Ben-Sasson posted on X reflecting on the evolution of the crypto cycle. He pointed out that compared to the previous "crypto winter," which was driven by the Terra collapse, Three Arrows Capital, FTX, and filled with fraud and excessive speculation, the current bear market exhibits very different characteristics. This cycle is more like a "Traditional Finance (TradFi) Bear Hug," where, amid warmer regulation and the accelerated entry of mainstream financial institutions, the crypto industry was once seen as a new financial infrastructure. However, it has also, to some extent, squeezed the original spirit of "economic freedom and experimental innovation." Eli Ben-Sasson stated that although the crypto industry is currently in a phase of limited short-term innovation and leadership gaps, in the long run, freedom and innovation will return and drive the next wave of development.

2026-03-25 05:31

StarkWare CEO: The Nature of Crypto Bear Market Has Shifted, From "Fraud Winter" to "TradFi Bear Hug"

Gate News, March 25 — StarkWare CEO and former Zcash co-founder Eli Ben-Sasson posted on X reflecting on the evolution of the crypto cycle. He pointed out that compared to the previous "crypto winter," which was triggered by the Terra collapse, Three Arrows Capital, FTX, and filled with fraud and excessive speculation, the current bear market cycle exhibits very different characteristics. This cycle is more like a "Traditional Financial Bear Hug (TradFi Bear Hug)." Against the backdrop of warming regulation and accelerated entry of mainstream financial institutions, the crypto industry was once seen as new financial infrastructure, but at the same time, it has also somewhat squeezed the original spirit of "economic freedom and experimental innovation." Eli Ben-Sasson stated that although the crypto industry is currently in a phase of limited short-term innovation and leadership vacuum, in the long run, freedom and innovation will return and drive the next wave of development.

2026-03-03 08:14

CEX co-founder Ben Delo donates $27 million to support the London Mathematical Science Institute, accelerating scientific research and innovation in the UK

On March 3, according to Cointelegraph, a co-founder of a major centralized exchange (CEX), Ben Delo, pledged to donate approximately $27 million to the London Institute of Mathematical Sciences (LIMS), making it one of the largest private donation recipients outside of Oxford and Cambridge in the UK. This funding includes a $13.3 million advance payment and an equal amount raised through additional fundraising to establish a long-term endowment fund totaling $80 million, supporting research in theoretical physics, pure mathematics, and artificial intelligence. Ben Delo stated that he hopes the institute's scholars will win Fields Medals and Nobel Prizes. He emphasized that choosing LIMS over large universities allows researchers to focus on scientific research without the burden of teaching and administrative duties. He also criticized the UK’s research funding system for lacking vitality and coherence. Delo has previously funded the Ben Delo Scholarship and supports charitable causes such as neurodiversity, academic freedom, and mathematics education. Reports indicate that Delo paid a $10 million fine before receiving a pardon from Donald Trump, after admitting responsibility along with co-founders for violating U.S. banking laws. In March 2025, President Trump granted him a pardon, allowing him to continue participating in scientific research and philanthropy. LIMS was founded in 2011 by physicist Thomas Fink and is located within the Royal Institution of the UK. Its offices were once the residence of chemist Michael Faraday. The institute offers three-year scholarships for scientists and funds exiled researchers, attracting scientists worldwide. Meanwhile, UK lawmakers are calling for a temporary ban on political donations via cryptocurrencies, warning that such payments could lead to foreign interference. Previously, Reform UK received a record-breaking $12 million in political donations from early cryptocurrency investor Christopher Harborne. Industry experts believe that as crypto assets continue to enter academic and political spheres, regulation and compliance issues will become key concerns.

Hot Posts About Franklin Resources Inc (BEN)

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4 hours ago
On March 23, 2026, the Southern District of New York Federal Court received a class-action lawsuit document. The 26-year-old Australian entrepreneur Ben Pasternak, along with his controlled B24 company and Believe Foundation, officially became defendants. Plaintiffs Joshua Lee and Pierre Montemas accused Pasternak of engaging in deceptive business practices through a series of token issuances and forced migrations. At the core of this legal storm is a social token issuance platform based on $SOL called Believe. The platform's predecessor was Clout.me, where users could create tokens without coding by posting tweets in a specific format on the X platform. Its platform token, $LAUNCHCOIN, reached a market cap of $370 million in May 2025. The complaint outlines the suspected fraud pathway in detail. In January 2025, Pasternak launched a token named after himself, $PASTERNAK, and publicly claimed to have “0 ownership” of the token to build trust. The token's market cap soared to $80 million on its first day but plummeted over 95% within a week, leaving a market cap of about $190k by March. In April 2025, the platform was renamed Believe. In early May, the on-chain metadata of $PASTERNAK was changed to $LAUNCHCOIN, but the contract itself remained unchanged. By mid-May, $LAUNCHCOIN's market cap temporarily exceeded $240 million. During this period, Pasternak and official accounts at least twelve times promised to use platform fee income to initiate a “flywheel” buyback to support the token price. A key turning point occurred on October 15, 2025. The team announced that $LAUNCHCOIN would be forcibly migrated to a new token, $BELIEVE, with holders required to complete a 1:1 exchange within two weeks, or their tokens would become invalid. Meanwhile, the total supply of the new token expanded from 1 billion to approximately 190k, an increase of 33.3%. The distribution plan for the new tokens was approximately 17% to contributors with lock-up; about 5% to early investors, locked for one year; about 3% to the foundation, unlocked immediately and available for use. The existing holders’ shares were directly diluted. The complaint states that Pasternak claimed on the day of the migration that “no individual or entity will receive tokens for at least a year,” which contradicts the fact that 40 million tokens held by the foundation were unlocked immediately. The platform’s economic model charges about 2% fee on each transaction. The complaint estimates that Believe processed approximately $6 billion in total transaction volume, with total platform fee income around $54 million. As the creator of multiple tokens, Pasternak continued to earn from creator fees. During the week of the migration announcement, on-chain data showed large sell-offs from top wallet addresses. Pasternak’s last original tweet was on October 16, 2025, where he admitted that he had never bought any $SOL tokens before launching his first token and clarified a misstatement about supply increase. Since then, he and the project’s official social media went silent. Believe v2, launched in January 2026, attempted to shift toward a “sentiment market,” but failed to generate much interest. As of the date of the lawsuit, $BELIEVE’s market cap was only about $1.2 million, evaporating from its peak. The plaintiffs filed the lawsuit under New York and California laws, seeking damages, restitution, and the imposition of a trust and injunctive relief on related assets. The documents show that Pasternak resides in Manhattan, New York, and his company is also registered there. He has not publicly responded to the allegations. Prior to this lawsuit, Pasternak’s life was marked by youthful success. Born in Sydney in 1999, he taught himself programming at 13, and at 14, a game he developed ranked 16th on the US App Store’s top charts, earning media praise as “the next Zuckerberg.” At 15, he dropped out of school to start a business in New York, involved in social shopping apps and the video chat app Monkey, which was later sold successfully. In 2018, he shifted to food tech, founding plant-based chicken nugget company Simulate, which gained support from well-known investors and was valued at over $250 million, making the Forbes “30 Under 30” list. From mobile apps and food tech to Web3, each transition was at the forefront of trends but also controversial. Now, embroiled in litigation, his personal life has also taken a turn. After publicly dating influencer Evelyn H in late 2024, her family unfollowed him on social media in early April 2026, suggesting the relationship had ended. From a programming prodigy in Sydney classrooms to a defendant in New York, Ben Pasternak’s 26 years have brought a legal and emotional storm.
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CryptoBreaking

CryptoBreaking

6 hours ago
StarkWare, the zero-knowledge scaling pioneer behind zk-STARKs, is restructuring its operations and reducing staff as it pivots from pure infrastructure development to revenue-driving products. CEO Eli Ben-Sasson outlined a plan to create two focused business units—one handling applications and the other continuing Starknet development—with a “startup mode” mindset designed to accelerate monetization. The company did not disclose how many employees will be affected. The move highlights a broader trend in the crypto industry: firms tightening strategy and trimming headcount in pursuit of clearer product-market fit and stronger monetization opportunities. In the past few weeks, other notable players, including Messari, the Algorand Foundation, and Crypto.com, announced layoffs or organizational adjustments as part of a wider recalibration. Key takeaways StarkWare will split into two business units—Applications and Starknet development—to concentrate on revenue-generating activities. Leadership emphasizes converting StarkWare’s technology into meaningful revenue and usage, reducing reliance on external blockchains or third-party teams to demonstrate value. The restructuring adopts a “startup mode,” prioritizing a smaller set of initiatives with higher revenue potential and cost discipline across the organization. The broader crypto sector has seen several high-profile layoffs and realignments, underscoring a shift toward sustainable business models and clearer monetization paths. StarkWare’s pivot: monetizing core tech through a two-unit model In remarks shared with staff, Ben-Sasson described the next phase for StarkWare as an explicit shift from building infrastructure to turning its stack into revenue. He said the company would “innovate across not just infrastructure, as we’ve done so far, but across the whole stack of infrastructure and product.” The two-unit structure is intended to differentiate product-oriented applications from ongoing Starknet development work, allowing each to pursue distinct paths to growth. Ben-Sasson stressed that the company must translate its technical edge into tangible commercial outcomes. “We’re going to achieve this by innovating across not just infrastructure, but across the whole stack of infrastructure and product,” he said. A key aim is to deliver products with clear revenue potential that can be built on StarkWare’s foundational technology, rather than relying primarily on external blockchains or third-party teams to validate value. While StarkWare has long been recognized for its technical prowess in layer-2 scaling, the leadership signal here is that the team plans to move beyond experimental deployments and toward solutions that users and developers will pay for. The company signaled a tighter focus on initiatives with measurable monetization upside, even as it continues to invest in core zk-STARK capabilities and Starknet development. Broader sector context: a wave of retrenchment across crypto The restructuring at StarkWare mirrors other recent moves across the crypto industry as firms reassess priorities amid macro uncertainties and a crypto downturn. In March, Messari announced layoffs alongside leadership changes as it pivoted toward AI-powered research and data tools for institutional clients. Shortly after, the Algorand Foundation said it would cut about a quarter of its workforce to better align resources with long-term technology and ecosystem priorities. Crypto.com also disclosed a 12% workforce reduction as it reorganized around AI initiatives and growth areas. Industry observers say the pattern reflects a broader market recalibration where economic realities and the need for sustainable business models trump rapid expansion. For StarkWare, the question is whether the two-unit approach can accelerate the commercialization of zk-based solutions while preserving the research depth that underpins its technology stack. Implications for StarkNet, developers, and investors The shift toward monetized applications built on StarkWare’s stack could create clearer value pathways for developers and enterprises seeking scalable, privacy-preserving solutions. By separating application-focused work from Starknet core development, the company can cultivate a more predictable product roadmap and potentially faster go-to-market cycles. For investors and ecosystem participants, the move potentially signals a more disciplined balance between research excellence and revenue generation—an important consideration in a field where long-tail adoption depends on viable business models as much as technical superiority. However, the path forward also carries risks. Staff reductions can strain ongoing research and engineering momentum, particularly in a field where rapid iteration and collaboration with external partners drive progress. The two-unit framework will need to demonstrate that it can sustain innovation while delivering reliable, market-ready products. If revenue-focused initiatives lag behind plans, the company’s ability to attract ongoing talent and maintain ecosystem trust could hinge on the tangible outcomes of its new structure. From an ecosystem perspective, there is potential upside for StarkNet users and developers if the company’s applications unit launches tools and services that lower integration costs or offer compelling throughput gains. If monetization aligns with user demand—such as cost-effective transaction throughput, privacy-preserving features, or developer-friendly tooling—the resulting adoption could reinforce StarkWare’s position in the zk-rollup landscape. Yet the timeline for monetization remains a key unknown, given the nascent stage of many zk-powered offerings and the competitive dynamics of layer-2 ecosystems. What to watch next Readers should monitor how the two-unit structure unfolds in practice, including whether the applications unit produces revenue-generating products within a defined timeline and how Starknet development performance tracks alongside commercial initiatives. The tech community will be watching closely to see if StarkWare can translate its technical edge into repeatable business outcomes and how this approach affects collaboration with developers building on StarkNet. Given the broader industry backdrop, investors and builders may view StarkWare’s restructuring as a test of whether a high-caliber research-centric firm can pivot toward sustainable monetization without compromising technical leadership. The coming quarters will reveal how effectively the company can align its ambitious zk-stack with market demand, and whether the two-unit model can deliver the revenue stability that many crypto projects have sought but struggled to achieve. As StarkWare pursues this transition, stakeholders should watch for concrete milestones—from product launches and revenue milestones in the applications unit to updates on Starknet development milestones that reflect progress beyond research prototypes. The outcome could influence how other zk-focused firms think about balancing deep technology with market-ready offerings in a climate where disciplined execution increasingly governs success. In the meantime, the broader market will likely continue to recalibrate around governance, adoption, and monetization signals. The coming months will show whether StarkWare’s restructuring translates into durable value for users, developers, and investors alike, and how the company navigates the inevitable tensions between maintaining cutting-edge research and delivering commercial-grade products. This article was originally published as StarkWare Cuts Staff to Focus on Revenue-Generating Products on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
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