DeFi ✓LaunchBar Newsroom 📅 October 24, 2026 at 07:45 AM ⏱ 2 min

$150M Franklin Fund Surge Nearly 4x’s XRP Ledger Shares

Franklin Templeton added $150 million of tokenized money-market fund shares to the XRP Ledger in two subscriptions. Its sgBENJI balance on the network nearly quadrupled to about 193 million shares, worth roughly $200 million.

Each share was priced at $1.039 and represents the fund’s short-term dollar investments.
Every XRP Ledger sgBENJI share sits in one wallet, whose eight authorized signers match the issuer’s; two can approve a transaction.
The two subscriptions were recorded Wednesday; the share batches landed Thursday. Whether the wallet serves one investor or multiple clients is unknown.

This is a meaningful RWA adoption signal, not proof of broad XRP demand: Franklin can approve, freeze or recover the tokens. Traders should watch whether balances spread beyond the issuer-linked wallet before calling this a liquidity breakout.

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