First Tokenized Money Market Fund Launched on XRPL by Ripple, abrdn
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Ripple, Archax, and abrdn have partnered to introduce the first tokenized money market fund on the XRP Ledger (XRPL). This collaboration shows the rising integration of blockchain into traditional finance. The fund, part of abrdn’s $3.8 billion US dollar Liquidity Fund, demonstrates blockchain’s ability to enhance asset management. Leveraging XRPL’s infrastructure, the initiative aims to The post First Tokenized Money Market Fund Launched on XRPL by Ripple, abrdn appeared first on Coin Edition .

Source: Coin Edition