Franklin Templeton Expands Tokenized Fund Presence on XRP Ledger
Franklin Templeton has added approximately $150 million in tokenized money market fund shares to the XRP Ledger. The newly issued shares were placed into a single wallet, bringing that wallet’s holdings to nearly $193 million.
The move highlights continued institutional exploration of blockchain infrastructure for traditional financial products, including tokenized fund distribution, settlement, and on-chain recordkeeping. While the transaction signals growing interest in tokenization, it does not by itself indicate future market performance for XRP or related assets.
XRP is trading at $1.3010, up about 1.0% over the last 24 hours. The session high is $1.3159 and the low is $1.2546.
$XRP
#BinancePick #EarningsSeason #SouthKoreaDelaysCryptoIncomeTax #ElectrumFixesHighRiskExploitInVersionsBefore4.8.3 #SouthKoreaPlansToRegulateStablecoinsUnderFXLaw
Franklin Templeton has added approximately $150 million in tokenized money market fund shares to the XRP Ledger. The newly issued shares were placed into a single wallet, bringing that wallet’s holdings to nearly $193 million.
The move highlights continued institutional exploration of blockchain infrastructure for traditional financial products, including tokenized fund distribution, settlement, and on-chain recordkeeping. While the transaction signals growing interest in tokenization, it does not by itself indicate future market performance for XRP or related assets.
XRP is trading at $1.3010, up about 1.0% over the last 24 hours. The session high is $1.3159 and the low is $1.2546.
$XRP
#BinancePick #EarningsSeason #SouthKoreaDelaysCryptoIncomeTax #ElectrumFixesHighRiskExploitInVersionsBefore4.8.3 #SouthKoreaPlansToRegulateStablecoinsUnderFXLaw