Institutions · NEWS
Franklin Templeton Adds About $150M of sgBENJI Shares on XRP Ledger
Franklin Templeton's sgBENJI share count on XRP Ledger rose by roughly 144.4 million shares on October 22, taking the recorded supply to 192.7 million shares, or about $200 million at the displayed $1.039 price.
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Franklin Templeton’s sgBENJI tokenized money-market fund share count on XRP Ledger increased substantially on October 22. The ledger explorer Bithomp records 192,698,409.6219078 shares outstanding, one active holder and a last update at 04:13 UTC. CoinDesk reported that two batches of 72,184,793 shares were added at 02:58 and 04:13 UTC. At the recorded $1.039 share price, those additions represent about $150 million and bring the displayed supply value close to $200 million.
Franklin Templeton’s Singapore product sheet says the token represents shares in the Franklin OnChain U.S. Dollar Short-Term Money Market Fund. The fund invests in high-quality U.S.-dollar debt and money-market instruments, while its register combines blockchain records with possible off-chain information. The document names Stellar and XRP Ledger as supported public networks.
The ledger shows the entire supply in one address. That concentration does not prove a single beneficial owner, and the available sources do not identify the investor or investors behind the address. The event therefore documents a large issuance on XRP Ledger, not broad distribution or secondary-market adoption.
Sources
- Bithomp — sgBENJI XRP Ledger token record
- Franklin Templeton Singapore — Product Highlights Sheet
- CoinDesk — Franklin Templeton adds $150 million in fund shares to XRP Ledger
RWA Wire separates reported facts from its market-context analysis. Source links are provided for verification.
Key takeaways
- //XRP Ledger records show 192,698,409.6219078 sgBENJI shares outstanding after the token was updated on October 22, 2026.
- //CoinDesk identified two October 22 batches of 72,184,793 shares each, representing about $150 million at the recorded $1.039 share price.
- //One ledger address held the entire recorded supply, so the data does not establish how many beneficial investors are represented.
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