Franklin XRP ETF sponsor changes key finance officers
Franklin XRP ETF, a series of Franklin XRP Trust, reported leadership changes at its sponsor, Franklin Holdings, LLC.
Rhea-AI Filing Summary
Franklin XRP ETF, a series of Franklin XRP Trust, reported leadership changes at its sponsor, Franklin Holdings, LLC. Effective May 8, 2026, Christopher Berarducci was appointed Chief Accounting Officer and Treasurer, and Christopher Kings was appointed Chief Financial Officer of the Sponsor.
On the same date, Vivek Pai resigned as Chief Accounting Officer and Treasurer and Matthew Hinkle resigned as Vice President and Chief Financial Officer of the Sponsor. The filing states that their resignations were not due to any dispute or disagreement regarding the Fund’s operations, policies, or practices.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date of appointments and resignations: May 8, 2026
Age of Christopher Berarducci: 51 years
Age of Christopher Kings: 51 years
+1 more
4 metrics
Effective date of appointments and resignations
May 8, 2026
Date new officers were appointed and prior officers resigned
Age of Christopher Berarducci
51 years
Chief Accounting Officer and Treasurer of the Sponsor
Age of Christopher Kings
51 years
Chief Financial Officer of the Sponsor
Commission File Number
001-42961
Franklin XRP ETF SEC registration identifier
Key Terms
Emerging growth company, Chief Accounting Officer, Principal Financial Officer, fund administration and reporting, +1 more
5 terms
Emerging growth company regulatory
"Emerging growth company On May 8, 2026, Christopher Berarducci..."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Chief Accounting Officer financial
"On May 8, 2026, Christoper Berarducci was appointed as the Chief Accounting Officer and Treasurer..."
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
Principal Financial Officer financial
"and as Treasurer since 2010 and Principal Financial Officer since 2019 of certain funds..."
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
fund administration and reporting financial
"as Vice President, Fund Administration and Reporting of Franklin Templeton since 2020..."
Franklin XRP Trust financial
"FRANKLIN HOLDINGS LLC, in its capacity as sponsor of Franklin XRP Trust (registrant)..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What leadership changes were announced for Franklin XRP ETF (XRPZ)?
Franklin XRP ETF’s sponsor appointed Christopher Berarducci as Chief Accounting Officer and Treasurer and Christopher Kings as Chief Financial Officer, effective May 8, 2026. At the same time, Vivek Pai and Matthew Hinkle resigned from their respective accounting and finance leadership roles at the Sponsor.
Who is the new Chief Accounting Officer and Treasurer for Franklin XRP ETF’s sponsor?
The new Chief Accounting Officer and Treasurer of Franklin Holdings, LLC is Christopher Berarducci, effective May 8, 2026. He has held senior fund administration and reporting roles at Franklin Templeton and has long served as Treasurer and Principal Financial Officer for various Legg Mason-related funds.
Who became Chief Financial Officer of Franklin Holdings, LLC, sponsor of Franklin XRP ETF (XRPZ)?
Christopher Kings was appointed Chief Financial Officer of Franklin Holdings, LLC on May 8, 2026. He has been Senior Vice President of Franklin Templeton Services, LLC since 2024 and previously held global fund administration and reporting roles in EMEA within the Franklin Templeton organization.
Did the resignations at Franklin XRP ETF’s sponsor involve any disputes?
The filing states that the resignations of Vivek Pai and Matthew Hinkle from their roles at Franklin Holdings, LLC were not due to any dispute or disagreement with the Sponsor or the Fund on matters relating to the Fund’s operations, policies, or practices.
Which executives resigned from Franklin XRP ETF’s sponsor on May 8, 2026?
Effective May 8, 2026, Vivek Pai resigned as Chief Accounting Officer and Treasurer, and Matthew Hinkle resigned as Vice President and Chief Financial Officer of Franklin Holdings, LLC, the sponsor of Franklin XRP ETF. The filing notes their decisions were unrelated to disagreements over the Fund’s activities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
