🏦 WALL STREET JUST MOVED US$ 150M TO THE XRPL
And it all landed in ONE wallet. 👀
What happened 👇
💼 Franklin Templeton issued ~US$ 150M in sgBENJI shares, from its tokenized money market fund
⚡ 2 deposits of US$ 75M, with the shares issued within a few hours
📈 The fund on the XRPL jumped from ~US$ 50M to ~US$ 200M (4x)
Tokenized asset rankings on the XRPL:
🥇 RLUSD (Ripple): ~US$ 930M
🥈 sgBENJI (Franklin): ~US$ 193M
🥉 Ondo: ~US$ 185M
🤔 The mystery: nobody knows whether the wallet belongs to one investor or several clients. Franklin hasn’t responded yet.
📌 While $XRP trades sideways near US$ 1,29, institutional money is flowing in through tokenization.
Does this change how you view the XRPL? 👇
#XRP #XRPL #RWA #Tokenization
And it all landed in ONE wallet. 👀
What happened 👇
💼 Franklin Templeton issued ~US$ 150M in sgBENJI shares, from its tokenized money market fund
⚡ 2 deposits of US$ 75M, with the shares issued within a few hours
📈 The fund on the XRPL jumped from ~US$ 50M to ~US$ 200M (4x)
Tokenized asset rankings on the XRPL:
🥇 RLUSD (Ripple): ~US$ 930M
🥈 sgBENJI (Franklin): ~US$ 193M
🥉 Ondo: ~US$ 185M
🤔 The mystery: nobody knows whether the wallet belongs to one investor or several clients. Franklin hasn’t responded yet.
📌 While $XRP trades sideways near US$ 1,29, institutional money is flowing in through tokenization.
Does this change how you view the XRPL? 👇
#XRP #XRPL #RWA #Tokenization