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Whale's $3.62M POL Withdrawal Indicates Rapid Growth in Tokenized Assets and Increased Institutional Participation

Whale's $3.62M POL Withdrawal Indicates Rapid Growth in Tokenized Assets and Increased Institutional Participation

Bitget-RWA2025/11/08 10:20
By:Bitget-RWA

- A crypto whale withdrew $3.62M in 20M POL tokens from Binance, signaling market volatility amid tokenized assets growth. - Franklin Templeton expanded tokenized AUM to $1.7B via Binance partnership, introducing blockchain-based fund innovations. - Kraken reported 114% YoY revenue surge to $648M in Q3 2025, accelerating its $15B-valued U.S. IPO plans. - Major crypto movements and institutional adoption align with BCG's $19T 2033 tokenized real-world assets market projection.

Within the last three hours, a whale has taken out 20 million

tokens from Binance, a transaction worth about $3.62 million, marking a notable shift in the crypto market, as reported by an . This event unfolds against a backdrop of increasing tokenized asset activity and growing institutional participation, underscored by recent industry advancements.

This withdrawal comes on the heels of a collaboration between Franklin Resources' Digital Assets Group and Binance, the largest crypto exchange globally. Franklin Templeton, a prominent asset management company, has boosted its tokenized and digital assets under management (AUM) to $1.7 billion—a 75% jump since early 2025, according to the Investing.com transcript. The company has rolled out blockchain-driven features like real-time yield calculations for tokenized money market funds and has integrated its products with Binance’s global wallet. These innovations put Franklin Templeton in a strong position to benefit from the anticipated expansion of the tokenized real-world assets sector, which Boston Consulting Group projects could grow from $600 billion now to $19 trillion by 2033, as referenced in the Investing.com transcript. code="POLUSDT"

id="strategy_009"

range="3"

market="UBAX">

Whale's $3.62M POL Withdrawal Indicates Rapid Growth in Tokenized Assets and Increased Institutional Participation image 0
At the same time, Kraken, another leading crypto exchange, posted a 114% year-over-year revenue jump in Q3 2025, reaching $648 million, according to a . The company’s adjusted earnings before taxes and other expenses climbed 124% from the previous quarter to $178.6 million, fueled by a 23% increase in trading volume to $561.9 billion. Kraken’s strong results have reinforced its ambitions for a U.S. IPO, following a $500 million funding round that valued the company at $15 billion. If the IPO proceeds, Kraken would join other crypto firms like Coinbase and Gemini in seeking access to public markets, as noted in the CoinDesk report.

The whale’s significant POL withdrawal underscores the crypto market’s inherent liquidity and volatility, where large-scale transactions can sway asset values and investor sentiment. Such actions often indicate strategic hedging, speculative moves, or changes in institutional investment approaches. The timing of this withdrawal aligns with the industry’s broader momentum toward tokenization and institutional adoption, as reflected in the recent achievements of Franklin Templeton and Kraken, highlighted in the Investing.com transcript and CoinDesk report.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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