5 hours XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP LedgerCoinDesk

Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL.

Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.

XRP price jumped 6%, touching a high of $1.49 in the hours following the release, before paring gains in a market-wide drop.

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