Franklin Templeton moves $150 million in fund shares onto XRP Ledger
Key points
- Franklin Templeton has added approximately $150 million in fund shares to the XRP Ledger, according to a report dated 24 October 2026.
- The entire position is held within a single wallet on the ledger.
- No breakdown by fund name or share class was provided in the source.
- Franklin Templeton is one of the largest traditional asset managers to deploy tokenised fund shares at this scale on a public ledger.
- The deployment adds institutional credibility to the XRP Ledger's bid to serve as infrastructure for tokenised securities.
Franklin Templeton has recorded approximately $150 million worth of fund shares on the XRP Ledger, consolidating the position within a single wallet. The move represents a material on-chain deployment by one of the largest traditional asset managers, extending its tokenisation activity beyond its existing blockchain fund infrastructure.
With no additional detail available from the source on which fund or share class is involved, the operative fact is the scale and the choice of ledger. The XRP Ledger has been positioning itself as infrastructure for institutional asset tokenisation, and a $150 million allocation from a name of Franklin Templeton’s standing adds meaningful weight to that case.
The single-wallet structure is worth noting: concentrating that volume in one address simplifies on-chain auditability but raises questions about custody architecture and key management that operators in adjacent programmes will want to benchmark against their own setups.
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