Ripple, Archax Launch First Tokenized Money Market Fund on XRP Ledger
Ripple’s XRP Ledge will start tokenize asset management abrdn’s $4.77 billion US dollar Liquidity Fund. Blockchain payments firm Ripple has announced the debut of the first tokenized money market fund on the XRP Ledger. The fund is based on asset manager abrdn’s $4.77 billion (3.8 billion British pounds) US Dollar Liquidity Fund. Partnership with Archax Enables […]
Ripple Unveils First Tokenized Money Market Fund on XRP Ledger
Ripple has launched a tokenized money market fund with Archax and abrdn on the XRP Ledger (XRPL). On Monday, Ripple, a cryptocurrency payments company, announced that it will launch its first tokenized money market fund in partnership with Archax, a Financial Conduct Authority (FCA) authorized cryptocurrency exchange, and abrdn, a UK asset management. The tokenized […]
Ripple Whales Buy Over 250M Coins, Futures OI Tops $2.50B
XRP News: Ripple whales have purchased over 250 million XRP as the futures market sees major buying. Will it soar to $20? Ripple whales have acquired millions of XRP in recent weeks, contributing to an impressive 200% rally this month. Despite a 10% price correction last weekend, on-chain data reveals whales purchased over 250 million […]
Bitcoin Retraces As Crypto Liquidations Hit $470M
On November 24, Bitcoin experienced a decline after failing to surpass the $100,000 threshold, which resulted in weekend crypto liquidation events in more than six months. In the past 24 hours, crypto positions valued at more than $470 million were liquidated. According to CoinGlass data, altcoins accounted for the overwhelming majority of wiped positions, with […]
Ripple CLO Says Ripple Provided Plans To Defeat Gary Gensler
Ripple CLO recently emphasized the company’s dedication to combating the crypto assault initiated by the US SEC and Gary Gensler. The role of Ripple Labs Inc. in combating the crypto assault initiated by Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), has been highlighted by Stuart Alderoty, the company’s Chief Legal […]