Ripple has launched the first tokenized money market fund on the XRP Ledger, featuring abrdn's $4.77 billion US dollar Liquidity Fund. This initiative, in partnership with Archax, the UK's first FCA-regulated crypto exchange, marks a significant step in bringing real-world assets on-chain. Only professional investors can access this fund through Archax. Ripple is investing $5 million into tokens on the fund, aiming to capture a share of the projected $16 trillion RWA market by 2030. Ripple's XRP token has surged 27.9% recently, highlighting growing interest in tokenized assets.
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