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

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Ripple Launches First Tokenized Money Market Fund on XRP Ledger
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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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