Franklin Templeton deposited $150 million worth of shares from its tokenized money market fund into the XRP Ledger, increasing the total shares on the network to nearly 193 million, valued at about $200 million. All shares are held in a single wallet that shares transaction signers with Franklin's issuing account, though it's unclear if this wallet represents one or multiple investors. The fund invests in short-term U.S. dollar debt and money-market instruments, and Franklin retains control to approve, freeze, or recover tokens. This move significantly expands Franklin's presence on the XRP Ledger and highlights growing institutional adoption of tokenized assets on blockchain platforms.
Regarding Ripple news on Franklin Templeton's $150 million tokenized money-market shares on the XRP Ledger, here is Pluang's market snapshot as of Oct 24, 2026 11:21 WIB: Among 50 major cryptocurrencies, only 10 rose while 39 fell today. For example, ATOM traded at Rp30.487 with a 5.86% drop and a typical hold time of 61 days, EGLD at Rp62.388 down 5.50% with 86 days hold time, and LTC at Rp1.028.509 down 4.17% with 79 days hold time. Pluang order activity showed a strong sell bias for EGLD (91% Sell) compared to a more balanced sell-buy split for ATOM (54% Sell) and LTC (78% Sell).
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