Aurum Equity Partners has launched a $1 billion fund on the XRP Ledger platform, aimed at investing in data centers globally. The fund is presented as the world's first combined equity and debt tokenized fund, utilizing Zoniqx's asset tokenization technology. This marks a significant milestone for XRP Ledger and Ripple Labs, showcasing their commitment to real-world asset tokenization. Ripple is also seeking regulatory approval for a stablecoin to enhance liquidity and facilitate asset tokenization on the XRP Ledger. David Schwartz, CTO of Ripple, highlights the importance of tokenizing private equity to address issues of illiquidity and access. Additionally, Ripple has partnered with MetaMask to increase accessibility for developers and retail users.
- Content Editor ( cryptonews.net )
- 2024-10-23
Aurum Equity Partners Launches $1 Billion Tokenized Fund on XRP Ledger