Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet

Franklin Templeton added $150 million worth of shares in its tokenized money market fund to the XRP Ledger earlier Friday, with every new share went to one wallet which now holds the fund’s entire token balance on the network. That wallet and Franklin’s issuing account authorize the identical eight signing addresses. Any two can jointly approve a transaction, according to CoinDesk’s review of ledger records . The wallet holds nearly 193 million sgBENJI shares, up from about 48 million before Thursday. At the $1.039 share price recorded in the transactions, that is worth about $200 million.