Franklin Templeton, which manages over $1.7 trillion in assets, reports that corporations are increasingly purchasing XRP for practical infrastructure applications rather than trading gains, signaling a structural shift in institutional demand toward the digital asset.
The asset manager notes that XRP Ledger is gaining traction for cross-border payments and asset tokenization, with the network's fast settlement times and low fees positioning it as a functional component of financial infrastructure rather than a speculative trading vehicle. This migration from asset class to utility mirrors broader institutional patterns in blockchain adoption.
Franklin Templeton identifies regulatory alignment between the SEC and CFTC as a potential catalyst for the next market phase, suggesting that clearer digital asset classification could accelerate institutional entry into the sector. The firm's assessment reflects growing confidence among major asset managers that regulatory frameworks are maturing sufficiently to support operational blockchain deployments in traditional finance.