According to CoinMeta, as reported by Coindesk, Franklin Templeton added approximately 144 million SGBenji units to XRP Ledger ( XRPL ) through two subscriptions of $75 million each, increasing the number of fund units on that network from about 48 million to nearly 193 million. Based on a transaction record price of $1.039 per unit, the total value is about $200 million. All of these units are concentrated in a single wallet, which shares the same 8 authorized signing addresses with the issuing account; any two of these addresses can jointly approve transactions. It is not yet clear whether this wallet represents a single investor or holds assets on behalf of multiple clients. SGBenji corresponds to Franklin Templeton's Singapore-registered dollar short-term money market fund, which invests in short-term U.S. dollar debt and money market instruments.