Aviva Investors, a UK asset manager, has launched its first tokenized share class of the USD Liquidity Fund on the XRP Ledger in partnership with Ripple. This marks Ripple's first large-scale collaboration with a European investment firm to tokenize real-world assets. The fund targets low-risk returns and daily liquidity by investing in high-grade US dollar short-term debt instruments, and is available to eligible investors with digital wallets. The launch received approval from the Central Bank of Ireland and is supported by crypto custodian Komainu and digital platform Licuido, highlighting growing institutional adoption of tokenization on the XRP Ledger.
XRP traded in a very narrow range around $1.30 on October 25, reflecting market caution ahead of the US Federal Reserve's interest rate decision scheduled for October 28. This tight trading range, the narrowest in October, indicates that investors ar...
Bitcoin's price slightly increased by 0.07% to $80,490 despite the total cryptocurrency market capitalization falling 3.52% to $2.69 trillion. Bitcoin dominance remains strong at 60%, while Ether and other major tokens like XRP, BNB, Solana, and Doge...
A crypto analyst's chart highlights that XRP's price is at a crucial point near $1.24, where it could either drop further or start recovering. The chart shows XRP recently trading around $1.26, with a bearish scenario if it falls below $1.24, targeti...
David Schwartz, Ripple's CTO emeritus, suggested that XRP could serve as a bridge connecting various Bitcoin representations on the XRP Ledger (XRPL). This means that wrapped or bridged Bitcoin tokens on XRPL might depend on XRP to transfer value bet...
Mastercard is partnering with XRPL Commons for the XRPL AI & Fintech Hackathon in New York, a 36-hour event with over $40,000 in prizes across four innovation tracks. Separately, Mastercard announced plans to support settlement using regulated stable...
