A major institutional player in global finance has made its position on XRP clear, placing the cryptocurrency at the center of its digital asset strategy. Franklin Templeton, an asset management firm handling over $1.6 trillion worth of assets, used a recent post on the social media platform X to explain why it is going deep into XRP as an asset, while also drawing attention to its Spot exchange-traded product, XRPZ. This interesting comment is part of a growing institutional confidence in XRP and the XRP Ledger.
Franklin Templeton’s Strategic Entry With A Spot XRP ETF
Franklin Templeton’s arrival in the XRP ETF space is one of the most significant endorsements of the token from a legacy financial institution. The firm launched the Franklin XRP Trust,
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