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