![Ripple Launches First Tokenized Money Market Fund On XRP Ledger Ripple Launches First Tokenized Money Market Fund On XRP Ledger](https://i3.wp.com/bitcoinist.com/wp-content/uploads/2023/11/shutterstock_1987854818-1.jpg?w=600&resize=600,400&ssl=1)
Ripple Launches First Tokenized Money Market Fund On XRP Ledger
Source: Bitcoinist Ripple Labs has introduced the first tokenized money market fund on the XRP Ledger (XRPL). The initiative, in partnership with Archax and UK-based asset manager abrdn, signifies a notable advancement in the tokenization of real-world assets (RWA) and the expansion of institutional decentralized finance (DeFi) for the XRP ledger ecosystem. Ripple Enters The…