Ethereum

Franklin

World

BlackRock

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ripple-launches-tokenized-money-market-fund-on-xrp-ledger-2/" data-wpel-link="internal">Ripple Launches Tokenized Money Market Fund on XRP Ledger</a> 
We are witnessing significant developments in the financial landscape, as teams capitalize on current opportunities. During periods of rising <a href="https://en.coin-turk.com/concerning-revelation-about-exploitation-of-a-vulnerability-in-bitcoin-core/" data-wpel-link="internal">cryptocurrency</a> values, major announcements follow closely behind. Recently, Ripple emerged as the latest <a href="https://en.coin-turk.com/chris-burniske-analyzes-the-future-of-tia-coin/" data-wpel-link="internal">altcoin</a> attempting to distinguish itself from the market with its important announcement. 
<h2 style="text-align: justify" id="ripple-xrp-and-real-world-assets">Ripple (XRP) and Real World Assets</h2> 
In the domain of tokenization of real-world assets, we can anticipate substantial advancements. Actions taken by trillion-dollar firms like BlackRock and Franklin have greatly benefited the Ethereum network. We will observe the long-term effects of these developments. Now, we examine Ripple’s recent move, which aims to provide <a href="https://en.coin-turk.com/surge-in-tokenized-us-treasuries-market-growth/" data-wpel-link="internal">blockchain</a> services to institutions, particularly targeting financial organizations. 
Ripple announced the launch of its first tokenized money market fund on its Ledger network: 
<blockquote> 
 “Archax, the first digital asset exchange, broker, and custodian regulated by the FCA, has provided access to a tokenized money market fund from the UK asset manager abrdn on the XRP Ledger. This fund represents a portion of abrdn’s $3.8 billion Liquidity Fund (Lux) and is the first tokenized money market fund on the XRPL.” 
</blockquote> 
By 2030, the realm of real-world assets is expected to reach $16 trillion. While Ethereum currently dominates this space, giants like Ripple will strive to increase their share of the market. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409927 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/XRPUSDT_2024-11-25_21-14-41.png" alt="" width="1814" height="836"> 
Meanwhile, the super trend indicator has signaled a buy for XRP Coin, which might soon retest highs above $1.50, provided that BTC allows it. 
The post <a href="https://en.coin-turk.com/ripple-launches-tokenized-money-market-fund-on-xrp-ledger-2/" data-wpel-link="internal">Ripple Launches Tokenized Money Market Fund on XRP Ledger</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Ripple Launches Tokenized Money Market Fund on XRP Ledger

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