Franklin Templeton adds $150M in money-market shares to XRP Ledger

Franklin Templeton added about $150 million in shares of its tokenized money market fund to the XRP Ledger through two subscriptions on Thursday, nearly quadrupling the fund's token count on the network. RWA.xyz puts the fund's XRP Ledger position at roughly $193 million, matching the share count at a dollar per share.

• Every new share went to a single receiving wallet that now holds the fund's entire XRP Ledger token balance.
• The wallet shares its authorized signers with the issuer, per CoinDesk.
• The subscriptions' buyers, funding source and any link to the fund's Stellar holdings were not disclosed.