Blockchain
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Shaurya Malwa
Source published: 24/10/2026, 04:45:43 UTC
Briefing created: 24/10/2026, 04:56:32 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 24/10/2026, 04:55:24 UTC.
Briefings
On October 24, 2026, Franklin Templeton deposited approximately $150 million in XRP Ledger tokens into a single wallet, a move that nearly quadrupled the network's token count. The transaction involved a specific receiving wallet sharing its authorized signers with the issuer, creating a direct link between the fund and the ledger's governance structure.
Key points
- Franklin Templeton deposited approximately $150 million in XRP Ledger tokens into a single wallet on October 24, 2026.
- The transaction nearly quadrupled the total tokens on the network, with the receiving wallet sharing its authorized signers with the issuer.
Context
This event represents a significant capital injection into the XRP Ledger, potentially altering network dynamics and demonstrating institutional confidence in the network's utility.
Limitations
Evidence is limited to the specific transaction details; the broader impact on network security, transaction volume trends, or long-term adoption remains unverified.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 24/10/2026, 04:56:32 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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