SingaporeFranklin can freeze about $200 million of its own tokens.

Tokenized money-market shares on a public chain still need the issuer’s approval to hold.

Two $75 million subscriptions went to one wallet that shares eight signing addresses with Franklin’s issuing account.

Franklin has not said whether the wallet is an omnibus account for many investors.

DBS, Franklin’s partner in Singapore, has said it will explore lending against the tokens.

How each outlet framed it
CoinDesk
reconstructs the wallet concentration: one wallet now holds the fund's entire XRP Ledger balance, controlled by the same eight signers as the issuer

Sources: CoinDesk