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Franklin Templeton's sgBENJI token shows differing unit counts and valuations across XRP Ledger and Stellar networks.

Protocol Fundamentals
23 Oct 2026
Tokenpost
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Neutral
Franklin Templeton's sgBENJI token shows differing unit counts and valuations across XRP Ledger and Stellar networks.

Franklin Templeton's tokenized money-market fund, sgBENJI, shows varying unit amounts and valuations across blockchain networks. On Oct. 23, sgBENJI units totaled 48.3 million on XRP Ledger and 26.9 million on Stellar, with a combined value near $75.3 million at $1 per unit. However, a separate treasury figure lists sgBENJI at over $231 million, indicating discrepancies in reported totals. This follows a 2025 agreement between Franklin Templeton, DBS, and Ripple to tokenize sgBENJI on XRP Ledger and explore its use as collateral on DBS Digital Exchange.

XRP trades at Rp23.316 on Pluang as of Oct 24, 2026 11:01 WIB, showing a 1-day decline of 2.31%. The market cap stands at Rp1.474,41 trillion with a 24-hour trading volume of Rp28,54 trillion. This trading activity occurs while Franklin Templeton's sgBENJI token units show notable discrepancies across blockchains, highlighting ongoing developments in tokenized assets on the XRP Ledger.

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