Ripple launches first tokenized money market fund on XRP ledger through UK partnership

CAT November 25, 2024 1 min read

Oluwapelumi Adejumo

Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as part of its £3.8 billion US Dollar Liquidity Fund (Lux). Ripple has committed to investing $5 million in […]

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Ripple launches first tokenized money market fund on XRP ledger through UK partnership

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