The full-chain Layer1 project Axelar (AXL) has partnered with Ripple to focus on supporting the development of RWA ecosystem applications for XRP.

According to BlockBeats news on February 28, the Axelar (AXL) Foundation announced a partnership with Ripple, and the Axelar Network has now integrated with XRP Ledger (XRPL) to increase interoperability for XRPL, with the goal of achieving the next phase of growth for real-world asset tokenization (RWAs). This partnership will enable developers to use Axelar's General Messaging Protocol (GMP) to execute calls on smart contracts residing on over 55 blockchains, facilitating cross-chain operations for deploying decentralized applications on XRPL. The integration of Axelar also unlocks liquidity for stablecoins and large assets.