Ripple and Archax launch tokenized fund on XRP Ledger

Archax has introduced a tokenized version of a money market fund offered by abrdn on the XRP Ledger (XRPL). The development came through a collaboration with Ripple. In a recent press release, the blockchain technology provider shared that the fund consists of abrdn’s $3.8 billion Liquidity Fund (Lux). It is the first of its kind

Source: Cryptopolitan