Investment company Abrdn converts a segment of its US Dollar Liquidity Fund into digital assets using Ripple's XRP blockchain platform.
The digital asset sector witnessed a significant milestone with Ripple's launch of the first tokenized money market fund on the XRP Ledger (XRPL). This move marks a significant advancement in real-world asset (RWA) tokenization, offering near-instant settlements with low fees and strong compliance tools [1][2].
Ripple's initiative is part of a broader movement to tokenize assets, such as U.S. Treasury tokens and Dubai real estate title deeds, leveraging XRPL's institutional-grade infrastructure to facilitate accessible, efficient, and regulatory-friendly tokenized financial products in the global market [1][2].
The enterprise blockchain services provider plans to tokenize part of asset management firm abrdn's US dollar-denominated £3.8 billion Liquidity Fund (Lux), worth $5 million [2]. abrdn, which joins a list of traditional asset management companies like Franklin Templeton and BlackRock that have launched tokenised money funds, commented that the broader adoption of digital securities will drive the next evolution of financial market infrastructure [2].
Duncan Moir, Senior Investment Manager at abrdn, stated, "The broader adoption of digital securities will drive the next evolution of financial market infrastructure, with benefits in efficiency for the end-to-end investment and cash settlement process" [2].
Markus Infanger, Senior Vice President of RippleX, noted that the arrival of abrdn's money market fund on XRPL demonstrates the tokenization of real-world assets to enhance operational efficiencies [2]. The launch follows an ongoing collaboration between Ripple and Archax [2].
The real-world tokenisation market is forecasted to reach a staggering $16 trillion by 2030 [3]. Currently, the industry is already approaching $13.5 billion, according to RWA.xyz [3]. This launch is marked as an important step towards unlocking operational cost savings and settlement efficiencies by deploying capital markets infrastructure on the XRPL [2].
Ripple's ongoing ecosystem expansions, including the launch of a dollar-backed stablecoin and an Ethereum-compatible sidechain on XRPL, bolster the infrastructure supporting this fund and similar tokenized assets [1][3]. This could potentially unlock a portion of the estimated $300 billion+ RWA market accessible via XRP if only 1% of the $30 trillion global RWA sector adopts it [1][3].
As of mid-2025, the status of this initiative shows growing institutional adoption with over $118 million in tokenized assets on XRPL, including partnerships like that with Dubai Land Department for real estate tokenization using Ripple’s custody technology [1][2]. This demonstrates real government and institutional trust in XRPL's capabilities and legal compliance environment [1][2].
In conclusion, Ripple’s first tokenized money market fund on XRPL is operational and integral to XRPL’s growing role as a preferred blockchain for real-world asset tokenization, attracting institutional partnerships and promising transformative impact on liquidity, compliance, and efficiency in traditional finance markets [1][2][5].
[1] https://ripple.com/insights/ripple-launches-first-tokenized-money-market-fund-on-xrp-ledger/ [2] https://www.finextra.com/pressarticle/89641/ripple-launches-first-tokenised-money-market-fund-on-the-xrp-ledger [3] https://www.coindesk.com/markets/2021/05/27/ripple-joins-blackrock-franklin-templeton-in-launching-tokenized-money-funds/ [4] https://www.coindesk.com/ripple-and-archax-announce-strategic-partnership-to-tokenize-real-world-assets [5] https://www.ripple.com/insights/ripple-unveils-tokenized-us-treasury-bill-on-xrp-ledger/ [6] https://www.ripple.com/insights/ripple-announces-collaboration-with-dubai-land-department-to-tokenize-real-estate/
- The launch of Ripple's first tokenized money market fund on the XRPL signifies a significant step in the finance sector, as it demonstrates the potential for tokenizing various assets, such as U.S. Treasury tokens and Dubai real estate title deeds, while utilizing technology to facilitate accessible, efficient, and regulatory-friendly tokenized financial products.
- As more traditional asset management companies like Franklin Templeton and BlackRock join abrdn in launching tokenized money funds, it signifies a broader movement in the technology sector, with the goal of tokenizing real-world assets to enhance operational efficiencies through the use of cutting-edge blockchain infrastructure like XRPL.
