Ripple announced the launch of the first tokenized money market fund on XRP Ledger, beginning with Ripple's XRP Ledge tokenizing asset manager abrdn's $4.77 billion liquidity fund. Ripple has partnered with Archax, the UK's first cryptocurrency exchange, broker, and custodian regulated by the Financial Conduct Authority, which has access to abrdn's money market funds. Ripple said in a statement on Nov. 25 that ABRDN 4.77 billion the U.S. dollar money market.
On August 27, it was reported that the first and supported multi-chain Launchpad platform on Bityayer, and the only automatic market maker PAMM platform PIKA, will officially start node pre-mining at 21:00 on August 28. The total number of PIKA genesis nodes is 10,000. At the same time, PIKA tokens will be officially launched in the Gate.io at 9:09 on September 1st. Before that, all PIKA tokens on the platform will be pre-mined through nodes to ensure fair and transparent token distribution.