# Franklin Templeton’s $150 Million sgBENJI Issuance Goes to One Wallet

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/40110
Published: 2026-10-24T15:52:07.000Z
Updated: 2026-10-24T15:52:07.000Z
Section: Investing

> The transfer raised the wallet’s balance from about 48 million shares to nearly 193 million, valuing the full holding at roughly $200 million at $1.039 per share.

Franklin Templeton’s latest issuance sent about $150 million in tokenized money-market fund shares, known as sgBENJI, to one wallet on XRP Ledger, lifting its balance to nearly 193 million shares.

sgBENJI denotes a tokenized interest in Franklin Templeton’s Franklin OnChain U.S. Dollar Short-Term Money Market Fund. The wallet held about 48 million shares before the addition. At $1.039 per share, a price reflected in transaction records, the full balance is worth roughly $200 million. That valuation covers all shares in the wallet; the roughly $150 million amount applies only to the new issuance.

The figures refer to different snapshots. An [Oct. 23 network snapshot](<https://www.tokenpost.com/news/investing/39608>) showed 48,328,825.16 sgBENJI units. That network snapshot is separate from the roughly 48 million shares in the wallet before the latest issuance, which lifted its balance to nearly 193 million.



## Links in this article

- [Oct. 23 network snapshot](https://www.tokenpost.com/news/investing/39608)
