Franklin Templeton adds $150 million in sgBENJI shares to XRP Ledger

Briefing by News4U · First published

Franklin Templeton added $150 million in sgBENJI shares to the XRP Ledger, with all shares held in a single wallet.

CoinDesk reported that Franklin Templeton added $150 million worth of sgBENJI shares to the XRP Ledger on Friday, with all new shares sent to a single wallet that now holds the fund’s entire token balance on the network. [1]

The wallet holds nearly 193 million sgBENJI shares, valued at about $200 million at the $1.039 share price recorded in the transactions. Thursday’s transactions nearly quadrupled the number of sgBENJI shares on the XRP Ledger, while the number of wallets holding any remained at one. [1]

Sources

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

    CoinDesk · · Full text

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