The new token provides a transparent mechanism to access onchain strategies.
Midas has announced the launch of the mXRP token on Axelar. Developed in partnership with Interop Labs, this is a first-of-its-kind tokenised exposure product in XRP-denominated yield strategies. The announcement was made live at XRP Seoul 2025 with more than 3000 XRP holders among the audience. The mXRP token demonstrates the power of Axelar’s platform to deliver real-world applications - Georgios Vlachos, Axelar Speaking on the occasion, Georgios Vlachos, co-founder of Axelar