Franklin Templeton’s Stellar assets surpass $1.1B
4.8 Investments Franklin Templeton’s tokenized assets on Stellar have exceeded $1.1 billion, driven by a $200 million inflow into BENJI. Stellar now leads the XRP Ledger in institutional fund volume.
Franklin Templeton’s real-world asset holdings on the Stellar (XLM) blockchain have surpassed $1.1 billion, following a net capital inflow of $200 million into its tokenized money market fund, BENJI. This achievement positions Stellar as Franklin Templeton’s second most significant blockchain network, overtaking Ethereum and trailing only BNB Chain. Reports highlight a substantial gap in institutional fund volumes between Stellar and the XRP Ledger, with Stellar hosting over 90% of historical retail and institutional holders of the tokenized product. In contrast, Franklin Templeton’s share issuance on the XRP Ledger stands at around $200 million, mostly concentrated in a single wallet. The surge in assets under management on Stellar underscores its growing role as a preferred platform for regulated, real-world asset products. Recently, Stellar attracted $126.5 million in tokenized fund assets in a single day, outpacing the next nine fastest-growing blockchains combined. The native token XLM is trading near $0.15, with historical patterns suggesting potential for sharp price movements if sustained buying interest emerges.
