Franklin Templeton Issues $150M Tokenized Fund Shares on XRP Ledger, Total Value Reaches $200M

Franklin Templeton issued $150 million in tokenized money market fund shares on XRP Ledger, raising total outstanding to nearly 193 million shares worth $200 million. The two $75 million subscriptions went to one wallet holding all the fund XRP Ledger shares. It shares eight authorized signers with the Franklin Templeton issuance account, requiring any two approvals. Investor details undisclosed.