Franklin Templeton added about $150 million worth of shares in its tokenized money market fund, sgBENJI, to the XRP Ledger, and all the new shares went to a single wallet. That wallet now holds nearly 193 million shares, up from about 48 million, worth roughly $200 million at the $1.039 share price recorded in the transactions. The wallet and Franklin's issuing account share the same eight signing addresses, and Franklin can approve, freeze or recover the fund's tokens on the network. It is unclear whether the wallet represents one investor or several clients, and as of Saturday morning Asia time Franklin had not responded to CoinDesk's questions. RWA.xyz ranks Franklin second among tokenized asset platforms on the XRP Ledger, behind Ripple's RLUSD stablecoin.
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Related tickers and likely impact
XRP/USDT
▲ Likely positiveXRP
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $81.8B |
| Close on 10/23/2026 | 1.29500 |
| Change that session | -1.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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