Altcoins● Neutral

Franklin Templeton's $150M in fund shares lands in one XRP Ledger wallet

TradingGain Newsroom·6d ago·24 Oct 2026, 04:45 UTC

Franklin Templeton moved $150 million of fund shares into a single wallet on the XRP Ledger. Two subscriptions on Thursday nearly quadrupled the fund's tokens on the network. For traders, it shows large institutional money flowing through XRP's network, though the receiving wallet is tied closely to the issuer.

XRPAt the time of writing, XRP traded at $1.29 (-2% in 24h).Live price →

Why it matters

A large fund's tokens on the XRP Ledger rose sharply in a short time.
All the new shares sit in one wallet, which concentrates the holding.
The receiving wallet shares authorized signers with the issuer, a close link traders should note.

What to watch next

Watch whether further subscriptions reach the same wallet and whether the fund's token count on the XRP Ledger keeps growing.

XRPLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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