Ripple News: $3.8B Tokenized Fund Launches on XRPL

Quick Summary:

Together, they’ve launched the first ever tokenized money market fund on the XRP Ledger (XRPL).

It’s based on abrdn’s $3.8 billion US Dollar Liquidity Fund, and it’s a huge deal for anyone watching the rise of tokenized assets.

Duncan Moir from abrdn says this isn’t just about technology—it’s about saving time and money.

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Article Details

Author / Journalist: Vijay Gir

Category: Crypto

Markets: United States

Topics: Crypto news News Ripple (XRP)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 16:17:19 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23838038

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Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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