Ripple Launches First Tokenized Money Market Fund on XRP Ledger ...0

Ripple and Archax make history by launching the UK’s first tokenized money market fund on the XRP Ledger, revolutionizing finance with blockchain technology. https://twitter.com/Ripple/status/1860995969375990069   Archax, the first FCA-regulated digital asset exchange, broker, and custodian, has successfully tokenized a money market fund managed by UK asset manager abrdn on the XRP Ledger (XRPL). This milestone marks the first-ever tokenized money market fund on the XRPL, specifically part of abrdn’s £3.8 billion US Dollar Liquidity Fund (Lux). Archax’s collaboration with Ripple played a key role in this development. Ripple demonstrated its commitment by investing $5 million into tokens

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