Franklin Templeton issued an additional $150 million of sgBENJI, the XRP Ledger token for its Singapore-established Franklin OnChain U.S. Dollar Short-Term Money Market Fund, on Oct. 22. The issuance increased the fund’s XRP Ledger shares to about 193 million from roughly 48 million, a near fourfold rise. At a per-share price of $1.039 recorded on Oct. 22, the holdings were worth approximately $200 million. All sgBENJI issued on the ledger is held in a single wallet that uses the same eight authorized transaction addresses as the token issuance account. It remains unclear whether the wallet belongs to one investor or is a custody account pooling assets for multiple clients. Franklin Templeton did not respond to questions about the number of investors or the source of the funds. The Singapore-authorized fund invests in short-term, U.S. dollar-denominated debt securities and money-market instruments, with returns reflected in its share price. Its tokenized assets rank second on the XRP Ledger behind Ripple’s RLUSD. Investors require issuer approval, while Franklin Templeton retains the ability to freeze balances and recover tokens.