The post Ripple Teams Up with Archax and ABRDN PLC for First Tokenized Fund on XRP Ledger! appeared first on Coinpedia Fintech News
Ripple has teamed up with Archax, a UK-based FCA-regulated digital marketplace, and ABRDN PLC to launch the first-ever tokenized money market fund on the XRP ledger. This collaboration comes as XRP, Ripple’s native cryptocurrency, has seen a significant surge in price, gaining almost 200%. Following the announcement, XRP’s value soared to $1.49, marking a 33% increase in just one week. This move highlights Ripple’s growing influence and the expanding use of tokenized assets in the cryptocurrency industry.
