According to the official press release on June 13, 2024, Ripple has partnered with Archax, the UK’s first regulated asset exchange, broker, and custodian, to transfer millions of dollars worth of RWAs to the XRP Ledger (XRPL). The agreement was signed in 2022, when Archax partnered with custodian company Metaco to provide digital asset custody services to clients. Metaco was acquired by Ripple in mid-2023.
The Ongoing TugofWar and Search for New RWA Developments Outside the US in XRP Court Battles