According to the official press release dated June 13, 2024, Ripple has partnered with Archax, the UK’s first compliant regulatory asset exchange, broker, and custodian, to move millions of dollars’ worth of RWA onto the XRP Ledger (XRPL). The agreement was signed in 2022, the same year Archax collaborated with custodian firm Metaco to offer digital asset custody services to clients. Metaco was acquired by Ripple in mid-2023.
The Ongoing Legal Battle of XRP in Court and Pursuit of New RWA Developments Outside the US