Franklin Templeton Reveals $118 Million XRP Holdings in SEC Filing
According to U.S. Securities and Exchange Commission (SEC, federal market regulator) documents, the asset manager has disclosed substantial Ripple (XRP) exposure.
XRP
Summary
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Terms & Concepts
SEC: The U.S. Securities and Exchange Commission, a federal agency regulating securities markets and protecting investors.
XRP: A digital currency created by Ripple, designed for fast cross-border payments using blockchain technology.
Asset Manager: A company that invests and manages client funds across various asset classes, including stocks, bonds, and cryptocurrencies.