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XRP surges after Ripple unveils first-ever tokenized money market fund

Ripple collaborates with Archax and abrdn to launch the first tokenized money market fund on the XRP Ledger. This fund integrates into abrdn’s 3.8 billion USD portfolio, aiming to enhance efficiency and cost-saving for capital markets. XRP price surges by 17.56%, peaking at 1.54 USD after the news.

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