Ripple News: Archax And Ripple Introduce Tokenized Fund On XRP Ledger

Ripple Unicorn News - November 25, 2024

Archax and Ripple have launched the first tokenized money market fund on the XRP Ledger, in collaboration with UK asset manager abrdn. This initiative aims to enhance operational efficiency and cost savings in capital markets, marking a significant step in the tokenization of real-world assets.

Sources
https://ripple.com/ripple-press/archax-provides-access-to-abrdn-money-market-fund-on-the-xrp-ledger-in-collaboration-with-ripple/

Outline
(00:00:00) Introduction
(00:00:27) Ripple and Archax launch tokenized fund on XRP Ledger

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