PANews, November 26 news, according to Cryptoslate, in a statement titled 'Ripple and Archax and ABRDN PLC Collaborate to Launch Tokenized Money Market Fund Based on XRP Ledger', Ripple announced it will invest $5 million into the tokens of Abrdn's Lux fund.
Ripple stated in the announcement that the tokenized money market fund launched in collaboration with Archax and ABRDN PLC is part of Abrdn's £3.8 billion liquidity fund, the Lux fund, and is the first tokenized money market fund on XRPL.
