Franklin Templeton Adds $150 Million in Fund Shares to XRP Ledger
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Two subscriptions nearly quadrupled the fund’s token count on XRP Ledger, with all newly added shares going to a single wallet, CoinDesk reported.
Franklin Templeton added $150 million worth of fund shares to XRP Ledger through two subscriptions on Thursday, according to CoinDesk.
The additions brought the number of the fund’s tokens on the network to almost four times its previous level. A single wallet received both subscriptions.
CoinDesk reported that the recipient wallet has the same authorized signers as the issuer. That connection alone does not establish whether the subscriptions reflect demand from outside investors.
Source: CoinDesk
