Ripple Investment in the US in the Form of Debt Securities

Bittime - Ripple invested $10 million in tokenized debt securities through OpenEden and worked with Archax to introduce RWA on XRPL, increasing adoption and liquidity of T-bills and adding financial stability.

Ripple Investment in the US in the Form of Debt Securities

Following the general trend of integrating real-world assets (RWA) into blockchain networks, the introduction of these tokenized assets in XRPL follows this trend. Ripple has committed to investing $10 million into bonds in an effort to increase the adoption and liquidity of T-bills provided by the OpenEden token.

To demonstrate the market's strong confidence in its model, OpenEden has raised over $75 million in Total Value Locked (TVL) for tokenized US T-bills. Additionally, an investment grade rating indicates its financial stability and is attractive to institutional investors.

Ripple Teams Up with Archax

Ripple has teamed up with Archax, a digital asset exchange, broker and custodian regulated by the UK-based Financial Conduct Authority, in June. This is Ripple's first collaboration in the RWA sector. The goal of this collaboration is to in the near future introduce hundreds of millions of dollars worth of tokenized RWA to the XRP Ledger.

XRPL Facilitates Over 2.8 Billion Transactions

Since its founding in 2012, XRPL has facilitated more than 2.8 billion transactions, and now supports more than 5 million active wallets. Additionally, XRPL has a network of over 120 validators ensuring that no failures or security breaches occur.

Conclusion

By investing $10 million in debentures via the OpenEden token, Ripple demonstrated its commitment to integrating real-world assets (RWA) into the blockchain network. The aim of this investment is to follow global trends and increase the adoption and liquidity of T-bills provided by the token.

Given the strong market confidence in its model, OpenEden has successfully raised over $75 million in Total Value Locked (TVL) for tokenized US T-bills. Additionally, OpenEden's stable investment grade rating attracts institutional investors.

The aim of Ripple's collaboration with Archax, a digital asset exchange overseen by the Financial Conduct Authority in the UK, is to include RWAs (tokens worth hundreds of millions of dollars) on the XRP Ledger. This is Ripple's first strategic move in the RWA space, and it is expected to have the potential to expand.

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