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Morning Edition · Saturday, October 24, 2026Published at 1:47 AM EDT · New York
Franklin Templeton Puts $150 Million of Fund Shares on the XRP Ledger in One Wallet That Shares Signers With the Issuer
Separately, a Sentora review found JPM Coin had zero supply and zero transfers on Ethereum days after JPMorgan announced its arrival there, with only one allowlisted address.
Two subscriptions on Thursday nearly quadrupled the number of Franklin Templeton fund tokens on the XRP Ledger, adding about $150 million in shares. CoinDesk found that all of the new tokens went to a single wallet, and that wallet shares i…
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Institutional Tokens Stay Inside the Issuer's Walls
Banks and asset managers will keep launching tokenized funds and deposit tokens on public chains while holding them in issuer-controlled or allowlisted wallets, so headline tokenized value keeps outrunning open on-chain circulation until regulators permit free transfer.
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