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).

Source: CoinTurk News