Ripple and Archax Join Forces to Tokenize Real-world Assets on XRPL

The post Ripple and Archax Join Forces to Tokenize Real-world Assets on XRPL appeared first on Coinpedia Fintech News

Ripple announced a strategic partnership with Archax to enhance its blockchain functionality. The tokenization of real-world assets and the influx of significant capital to XRPL over the next year will be the key focus of the partnership. The move is expected to accelerate the adoption of digital assets in traditional financial markets. Archax will leverage XRPL’s infrastructure to improve efficiency and market access for these assets. XRPL was chosen for its reliability, operational efficiency, and tailored features for institutional DeFi. The partnership was revealed at an XRPL summit in Amsterdam.