ARCHAX PROVIDES ACCESS TO ABRDN MONEY MARKET FUND ON THE XRP LEDGER IN COLLABORATION WITH RIPPLE

Summary from the TLDR Crypto newsletter

Archax, in collaboration with Ripple, has launched the first tokenized money market fund on the XRP Ledger (XRPL), using abrdn's $3.8B USD Liquidity Fund. This milestone highlights the XRPL's growing role in real-world asset tokenization and institutional DeFi. Archax hopes to improve operational efficiency and settlement processes for financial institutions.