Ripple Partners with UK Firms to Launch First Tokenized Money Market Fund on XRP Ledger

Ripple has launched the first-ever tokenized money market fund on the XRP Ledger (XRPL) in collaboration with UK-based Archax and Abrdn, marking a significant step forward in the tokenization of real-world assets (RWAs). The initiative introduces the £3.8 billion US Dollar Liquidity Fund (Lux), with Ripple making a $5 million investment in Abrdn's fund.

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As blockchain adoption accelerates, the RWA tokenization market is experiencing rapid expansion. McKinsey forecasts that the market will surpass $16 trillion by 2030, with tokenized money market funds already managing over $1 billion in assets. This surge signals growing institutional interest in blockchain solutions for traditional finance.

Institutional Support for Digital Securities

Duncan Moir, Senior Investment Manager at Abrdn, emphasized the role of digital securities in reshaping financial market infrastructure:
“The next evolution of financial market infrastructure will be driven by the broader adoption of digital securities. Real benefits are to be had from leveraging the efficiency of moving the end-to-end investment and cash settlement process on-chain.”

Duncan Moir, Senior Investment Manager at Abrdn
Ripple’s latest initiative highlights the XRP Ledger’s growing role in the RWA tokenization landscape. By utilizing XRPL, Ripple aims to streamline the settlement process and reduce operational costs, positioning the platform as a competitive force alongside Ethereum and Avalanche in the tokenization of traditional assets.

XRPL's Expanding Institutional Adoption

The XRPL’s robust features—low transaction costs, scalability, and compliance—continue to attract institutional players. The network’s growing use in tokenizing real-world assets was underscored by Societe Generale’s crypto arm, SG-FORGE, which recently announced plans to extend its EUR CoinVertible stablecoin to XRPL. Additionally, OpenEden expanded its tokenization platform to XRPL following Ripple’s $10 million investment in tokenized US Treasury bills.

Markus Infanger, Senior Vice President at RippleX, commented on the increasing adoption of blockchain for real-world applications:
“There is no question that the on-chain economy is gaining traction, and [XRPL] is excited to seize the incredible opportunity represented by blockchain and digital assets technology to deliver utility at scale.”

Markus Infanger, Senior Vice President at RippleX
This collaboration with Abrdn further solidifies XRPL’s growing reputation as a leading platform for RWA tokenization, positioning Ripple at the forefront of the evolving digital asset landscape.

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About Ripple

Ripple is a leading blockchain technology company enabling secure, real-time global payments. With its XRP Ledger (XRPL), Ripple is revolutionizing the way financial institutions and businesses interact with money, creating a seamless ecosystem for cross-border payments, tokenized assets, and digital currencies.