Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
📌 The Rundown:
• Franklin Templeton’s $150 M subscription to XRP Ledger tokens was consolidated into a single wallet, effectively quadrupling the fund’s on‑chain holdings in one transaction.
• The wallet’s authorized signers mirror those of the issuer, indicating a tightly controlled, institutional‑grade custody model that could set a precedent for other large asset managers.
🎯 Strategic Outlook:
This move signals a growing confidence among institutional investors in XRP’s tokenomics and the ledger’s scalability, potentially accelerating broader protocol adoption and paving the way for more complex, multi‑signer custodial solutions in the Web3 ecosystem.
🚀 Top 24H Futures Outperformers:
• $IRYS (+263.2%) — Price: 0.0963
• $BIRB (+184.8%) — Price: 0.1727
• $IN (+57.6%) — Price: 0.0432
#TrendingTopic #Write2Earn #XRP
📌 The Rundown:
• Franklin Templeton’s $150 M subscription to XRP Ledger tokens was consolidated into a single wallet, effectively quadrupling the fund’s on‑chain holdings in one transaction.
• The wallet’s authorized signers mirror those of the issuer, indicating a tightly controlled, institutional‑grade custody model that could set a precedent for other large asset managers.
🎯 Strategic Outlook:
This move signals a growing confidence among institutional investors in XRP’s tokenomics and the ledger’s scalability, potentially accelerating broader protocol adoption and paving the way for more complex, multi‑signer custodial solutions in the Web3 ecosystem.
🚀 Top 24H Futures Outperformers:
• $IRYS (+263.2%) — Price: 0.0963
• $BIRB (+184.8%) — Price: 0.1727
• $IN (+57.6%) — Price: 0.0432
#TrendingTopic #Write2Earn #XRP