**Ripple & Archax: Tokenizing Money Markets on XRPL! 🚀**

- Ripple has partnered with UK-based digital asset exchange Archax to launch the first tokenized money market fund on the XRP Ledger (XRPL). The fund is managed by abrdn, part of the £3.8 billion US Dollar Liquidity Fund.

- This marks the debut of a tokenized money market fund on the XRPL blockchain. According to McKinsey, the potential for tokenization could reach $16 trillion by 2030. Who wants to join this trend?

- Ripple has allocated $5 million for tokens related to the abrdn Lux fund, as part of its strategy to invest in RWA projects using XRPL.

- RippleX’s Markus Infanger calls this a testament to the operational efficiency of tokenizing real-world assets.

- Ripple is also planning to tokenize US T-bills on XRPL, with a $10 million fund to support the product.

Comment below! What do you think about the future of tokenization?