Franklin Templeton Adds $150M in Fund Shares to XRPL
Franklin Templeton has placed $150 million worth of fund shares onto the XRP Ledger in a single wallet, according to CoinDesk.
Asset management firm Franklin Templeton has added $150 million in fund shares to the XRP Ledger, according to CoinDesk.
Single Wallet Allocation
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The entire allocation was deployed into a single wallet on the XRP Ledger network, marking a notable deployment of tokenized fund shares on the blockchain.
Franklin Templeton has been active in expanding its tokenized fund products across various public blockchain networks, utilizing distributed ledgers to record and transfer fund share ownership.
Key facts
- Franklin Templeton added $150 million in fund shares to the XRP Ledger.
- The entire $150 million allocation was placed into a single wallet address.
- The deployment represents a major institutional fund integration on the network.
Source: news.google.com
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