Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx
Summary
Aurum Equity Partners is launching a $1 billion tokenized equity and debt fund on the XRP Ledger, focusing on data center investments in the U.S., UAE, Saudi Arabia, India, and Europe. This initiative is claimed to be the first combined equity and debt tokenized fund. The fund uses technology from Zoniqx to create security tokens. This marks a significant step for XRP Ledger and Ripple Labs in the real-world asset tokenization market, which could grow to trillions of dollars. Ripple is also seeking approval for a U.S. dollar stablecoin to enhance liquidity and support asset tokenization on the XRPL network.
