• Ripple and Archax have partnered to boost RWA funding on the XRP Ledger.
• XRPL would benefit from Archax’s existing partnerships with leading financial institutions.
• The partnership is strategic and timely, considering the current state of the blockchain industry.

Ripple, the blockchain payments company behind XRP, and Archax, a regulated digital asset exchange, are expanding their partnership to bring hundreds of millions of dollars in tokenized Real-World Assets (RWAs) to the XRP Ledger. The move positions the XRP Ledger as a frontrunner in the emerging market for tokenized assets.

In a post on its official X account, Ripple highlighted aspects of the partnership, noting that XRPL will benefit from Archax’s existing partnerships with leading financial institutions in the tokenization of RWAs. As a result, those institutions could use the XRPL to tokenize their assets following the recent Ripple-Archax partnership.

The post New Ripple-Archax Deal Bets Big on Tokenized Real-World Assets appeared first on Coin Edition.

• Ripple and Archax have partnered to boost RWA funding on the XRP Ledger.
• XRPL would benefit from Archax’s existing partnerships with leading financial institutions.
• The partnership is strategic and timely, considering the current state of the blockchain industry.

Ripple, the blockchain payments company behind XRP, and Archax, a regulated digital asset exchange, are expanding their partnership to bring hundreds of millions of dollars in tokenized Real-World Assets (RWAs) to the XRP Ledger. The move positions the XRP Ledger as a frontrunner in the emerging market for tokenized assets.

In a post on its official X account, Ripple highlighted aspects of the partnership, noting that XRPL will benefit from Archax’s existing partnerships with leading financial institutions in the tokenization of RWAs. As a result, those institutions could use the XRPL to tokenize their assets following the recent Ripple-Archax partnership.

The post New Ripple-Archax Deal Bets Big on Tokenized Real-World Assets appeared first on Coin Edition.