Franklin Templeton increased its tokenized sgBENJI shares on the XRP Ledger by about $150 million, nearly quadrupling its holdings to nearly 193 million shares valued around $200 million. This move highlights growing institutional adoption of tokenized real-world assets on blockchain, supported by multi-signature wallets for regulatory compliance. Franklin's position now ranks second among tokenized asset issuers on XRPL, behind Ripple's RLUSD. The expansion follows partnerships enabling fund token trading and collateral use, signaling deeper integration of traditional finance with blockchain technology.
Franklin Templeton's addition of $150 million in sgBENJI shares on the XRP Ledger provides context for market activity. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 24, 2026 13:31 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable moves include SAND at Rp915 with a 7.43% decline and a 60% sell order activity, ONE at Rp25 with a 97% buy order activity, and ATOM at Rp30,176 with a 6.08% drop.
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