Vaultro Launches First Decentralised Fund Dashboard on XRPL
The post Vaultro Launches First Decentralised Fund Dashboard on XRPL appeared on BitcoinEthereumNews.com.
On Friday, Vaultro Finance officially revealed the first-ever decentralised index fund dashboard on the XRP Ledger (XRPL). Calling it “a new era of on-chain portfolio investing”, the fund protocol announced the launch in a blog post, confirming that it is the first protocol to deliver a fully on-chain index fund interface on XRPL. XRP Ledger Gets a Boost With DeFi Index Fund Dashboard For XRPL users, it’s a biggie, as the Vaultro Finance’s launch brings structured, on-chain investment tools like index funds tracking AI, DeFi, and stablecoins, directly to XRPL users. This eliminated the need for centralised intermediaries and reduced technical barriers, claims Vaultro Finance. The significant milestone also boosts XRPL’s utility beyond payments. It also aligns with Ripple’s push into regulated DeFi and tokenized real-world assets like U.S. Treasury funds. As the Ripple lawsuit remains unresolved, such utilitarian projects could brighten the sentiments within the XRP community. In a Medium post, Vaultro Finance explained that the dashboard allows users to create, manage, and invest in tokenised index funds that track high-performance sectors such as AI tokens, stablecoins, DeFi assets, and native XRP Ledger tokens in one streamlined, intuitive interface. Breaking New Ground in DeFi on XRPL The Vaultro Finance dashboard, unveiled on Friday, is built entirely on XRPL. The ledger’s speed, cost-efficiency, and emerging smart contract functionality have been leveraged for this platform. Earlier, the $VLT token’s presale had attracted significant traction from the crypto community, surpassing 30% of its softcap. The Ripple (XRP) price also eyes significant gains if the RLUSD stablecoin’s adoption surges, provided the GENIUS stablecoin act is passed next week. Notably, Vaultro’s launch comes at a time when Ripple is shifting its broader strategy, focusing on regulated DeFi solutions on XRPL. Most notably, Ondo Finance is planning to soon launch a tokenised U.S. Treasury fund…
