Franklin Templeton’s tokenized fund on Stellar hits $1.1 billion milestone

Franklin Templeton, a leading US investment management firm, has reached a significant milestone in the digital asset space as the value of its real-world assets (RWA) on the Stellar (XLM) blockchain surpassed $1.1 billion. The achievement follows a recent net capital inflow of $200 million into the company’s tokenized money market fund, BENJI, on Stellar. A report from the RWA Foundation, referencing Token Terminal data, indicated an infrastructure-level gap between the volumes of institutional funds present on Stellar and those on the XRP Ledger (XRPL). Both networks have origins linked to blockchain pioneer Jed McCaleb, but recent trends have seen Stellar take the lead in tokenized fund adoption.

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